Key Investment Insights
AI generated. Confirm details with the seller.
Key insights:
1. Well-presented townhouses located in a gated community in Riverhills, offering a secure and safe living environment.
2. Convenient location within walking distance to Middle Park Primary School, city bus stop, and shops, with Mt Ommaney Shopping Centre just moments away.
3. Close proximity to public transportation, schools, day care, shops, parks, and golf courses, making it an ideal location for families.
4. Only 25 minutes to Brisbane CBD and easy access to major motorways, providing convenience and accessibility to surrounding areas.
5. Great complex with no gym or BBQ facilities, no office hours, and not required to live on-site, making it an easy and low-maintenance caretaking business.
6. No lettings or tenant hassles, allowing for a stress-free management experience.
7. Generous body corporate salary of $42,090 annually with CPI annual adjustment, providing a solid income for the manager.
8. Modern and spacious 4-bedroom, 2-bathroom townhouse with a fully renovated kitchen and bathrooms, air conditioning, and a fenced backyard.
9. Currently rented for $440 per week or $22K per year, providing additional income for the manager.
10. Long 19 years left on the agreements, offering stability and security for the manager.
11. Located in the school catchment for Middle Park State School and Centenary State High School, making it attractive for families with school-aged children.
12. A perfect opportunity to secure a solid income and lifestyle business, with a simple, neat, and tidy complex that is easily managed by one person.
