15 Tallowwood Street, Seven Hills, Queensland
OTP MR Opportunity in desirable Seven Hills
$1.06M - Business Only
Business Description
Located in the highly sought-after inner-east suburb of Seven Hills, this management rights business offers a fantastic lifestyle with easy access to Brisbane’s CBD, vibrant dining precincts, parks, and top-rated schools. This prime location ensures strong rental demand and long-term growth potential.
175 Units in total – a mix of residential apartments and rental properties, including 25 Rentals currently under management, creating immediate income potential.
25-Year Agreement, providing long-term security and a stable foundation for growth in this expanding area.
$249,385 Annual Income – A solid income stream with ample room for future growth as the property develops.
Price has been dropped to $1,000,000 to allow for an additional person
There is no office hours only contactable during 9 to 5 Monday to Friday and 9 to 12 on Saturdays.
This is three separate complexes with three separate Body Corps If some time in the future they can be sold separately
With exclusive use of an office and storeroom, providing a convenient, dedicated space for operations and ample storage for supplies. This business is Off the Plan, providing a unique opportunity to enter a growing development with excellent future potential as the project matures.
Why Seven Hills?
- Inner-city convenience – Just 6km from Brisbane’s CBD, making it highly attractive to tenants and investors.
- Surrounded by parklands – Close to Seven Hills Bushland Reserve, offering scenic walking trails and green spaces.
- Excellent connectivity – Easy access to major transport links, shopping precincts, and top-rated schools.
A rare opportunity to enter a growing development in one of Brisbane’s most desirable inner-east suburbs.
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Business Summary
Business Snapshot
Price: $1.06M - Business Only
Net Profit: $249,384 Remuneration / Body Corp Salary: $175,000
Complex Information
Complex Type: PermanentTotal Units in Complex: 175Total Units in Letting Pool: 25Owner Occupy Units: 144Outside Agent Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Prime location in highly sought-after inner-east suburb, ensuring strong rental demand and long-term growth potential.
2. Mix of residential apartments and rental properties, with 25 rentals currently under management, providing immediate income potential.
3. 25-year agreement providing long-term security and stable foundation for growth.
4. Solid annual income of $249,385 with room for future growth as the property develops.
5. Office and storeroom included, providing dedicated space for operations and storage.
6. Off the plan business, offering unique opportunity to enter a growing development with excellent future potential.
7. Convenient inner-city location, just 6km from Brisbane's CBD.
8. Surrounded by parklands, offering scenic walking trails and green spaces.
9. Excellent connectivity with easy access to major transport links, shopping precincts, and top-rated schools.
10. Rare opportunity to enter a growing development in one of Brisbane's most desirable inner-east suburbs.
