Richlands, Queensland

Caretaking Only Management Rights! & No Manager Unit Associated!

SOLD

Business Description

Conveniently located in a sought-after position!
Close to Train, Bus, Schools, Day Care, Shops & Parks... Close to Golf Courses, Schools & Shopping Centres
Easy Access to Freeways, CBD, Brisbane Airport & much more
Great Complex!
- No Pool (only one pool in Villas on Mikkelsen)
- No Gate
- No GYM or BBQ
- No Office Hours
- No manager unit associated
- Not Required to Live On-Site
- No Lettings
- No Tenant Hassles
- Approx. 170+ rentals all with outside agents so
- Huge Upside
- Garden contractor available
- Great BC Salary
- All five under one BCM Firm

This complex is easily managed by one person.
Good Remuneration $181,768 annually with CPI adjustment (three in Jan, one in June one in Dec)
Long 20+ Years left on agreements

Business Summary

Complex Information

Marketing Agent

David Jiang

0481500....

Next Business & Property Sales

Key Investment Insights

Key insights:
- Conveniently located in a sought-after position, close to various amenities and transportation options
- No pool, gate, gym, or BBQ in the complex
- No office hours or manager unit associated with the management rights
- Not required to live on-site
- No lettings or tenant hassles
- Approximately 170+ rentals managed by outside agents, providing potential for growth and increased income
- Garden contractor available for maintenance
- Great body corporate salary
- All five agreements are under one BCM firm, making management more streamlined
- Easily managed by one person
- Good remuneration of $181,768 annually with CPI adjustments
- Long 20+ years remaining on agreements.