Runcorn, Queensland

Located in Runcorn - Long Term Agreements

$675,110

Property Description

• 23 years remaining on Management Rights Agreements
• A very popular South Brisbane suburb with high rental demand
• Close proximity to Sunnybank Hills and major shopping centres
• Walking distance to all amenities including train and bus stations
• Nice Committee Team—Only 3 members
• Very supportive Body Corporate Manager and committee
• No set office hours
• Easy workload
• Body Corporate salary accounts for over 79% of the net income
• Suitable for single operator, and first time buyers

Property Summary

Business Snapshot

Price: $675,110 Net Profit: $57,633 Remuneration / Body Corp Salary: $45,876Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $410,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 34Total Units in Letting Pool: 9Permanent Units: 9Owner Occupy Units: 22Outside Agent Units: 2Lockup Units: 1Agreement Term Remaining: 23 yearsPool: Yes
Marketing Agent
Paul Wang
Paul Wang

Si Chen
Si Chen

Onsite Management Rights

Onsite Management Rights

Listing location
Gallery

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