Runcorn, Queensland

Convenient location, No facilities to maintain, No fixed office hours | Resort Brokers ID : MR006533

$541,287

Property Description

Looking for a lifestyle business with no facilities to maintain and no fixed office hours in the multiple of 3’s then look no further! First timer operators encouraged.



  • No fixed office hours

  • Body Corporate salary counts for 50% of total income

  • Extremely easy to managea workload – no pool, no BBQ, no gate, no lawn mowing

  • High demand rental area, zero rental impact from COVID-19, along with no rent reductions and no rent in arrears

  • Extra income generated from maintenance which is not included in the net profit

  • Suitable for single operator, first time buyers or buyers with other business interests who would like to enhance their earnings

  • Rental properties in this complex are leased within 5-7 days on average

  • Office on title

  • Great return on investment

  • Very supportive Body Corporate

  • Spacious 3 bedroom, 2.5 bathroom manager's residence that comes with 3 carparks



Date updated: 02 Jun 2021 13:00:05

Property Summary

Business Snapshot

Price: $541,287 Net Profit: $40,390 Remuneration / Body Corp Salary: $20,866

Managers Unit

Value of Managers Apartment: $408,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 18Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 5Outside Agent Units: 2Agreement Term Remaining: 20 years
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