Slacks Creek, Queensland

Easy Permanent, No Requirement of Residing Onsite in Brisbane Southside

Under Contract / Offer

Business Description

Great Complex....

Gated townhouses complex is situated in Slacks Creek, a rapidly growing suburb offering convenient travel between Gold Coast and Brisbane via the Pacific and Logan motorways.

Lovely small swimming pool, entertainment area with BBQ will definitely be enjoyed in summer.

Good rental and very popular for renters.

Handy Location....

Conveniently located in a highly sought after position - a quiet and leafy road end environment, short stroll to Logan Central Mega Shopping Square, within 10-15 minutes ride to Sunnybank Hills Shopping Centre, Calamvale Central, Sunnybank Plaza shopping precinct with speciality shopping, restaurants, cinemas and bus station serving all suburbs and the city.

Great Remuneration....

$52,854 with annual adjustment of CPI

Long Agreement....

Still 22 years left on agreement.

No Requirement of living onsite on agreements

Spacious Manager Residence with three beds, one and half bath townhouse comfortably suits all your family's needs

Fully fenced house with security

Large backyard for big families

Detached on title office

If you want to buy an easy income and convenient lifestyle, it ticks all your boxes, please book your inspection immediately with our NEXT team.

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $90,109 Remuneration / Body Corp Salary: $52,854Business Value: $387,500Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No

Fully fenced house with security, large backyard for big families and detached on title office

Complex Information

Complex Type: PermanentAgreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

David Jiang

0481500....

David Janett

0404204....

Next Business & Property Sales

Key Investment Insights

Key Insights:

1. Gated townhouses complex located in a rapidly growing suburb with convenient travel options to Gold Coast and Brisbane.

2. Features a small swimming pool and entertainment area with BBQ, making it an attractive option for renters.

3. Conveniently located near shopping centers, restaurants, and public transportation.

4. Offers a good rental income and is popular among renters.

5. Long agreement term of 22 years remaining.

6. No requirement of residing onsite, providing a convenient lifestyle for the manager.

7. Manager's residence is a spacious 3 bedroom townhouse with a fully fenced backyard and detached office.

8. Manager's apartment is valued at $350,000.

9. Complex type is permanent, providing a stable and consistent income.

10. Annual remuneration/body corp salary of $52,854 with annual adjustment of CPI.

11. Manager's unit and complex information provided by NEXT team.

Management Rights Multiplier: 4.30
ROI Estimate: 12.22%