Sunnybank Hills, Queensland
Large Income, Huge Remuneration, Permanent GEM in Southside Brisbane Central
SOLD
Business Description
This is an outstanding opportunity to buy management rights in Sunnybank Hills on the ever popular Brisbane Southside. Located close to major arterial roads, trains and bus transport providing easy access to Brisbane and the Gold Coast.
The quality townhouses complex is an immaculately presented gated residential community, located in a quiet spot just off Pinelands Road and Beenleigh Road, Sunnybank Hills. Built in 1997, the complex presents so well you wouldn't think its more than 20 years old.
- Centrally located in the Leafy suburb of Sunnybank Hills, Brisbane Southside
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 21 years left on a 25 years accommodation module
- Huge manager remuneration $271,958 with annual adjustment of CPI or 5%, which is greater
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large lowset villa, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, single garage and a large rear patio and entertaining backyard area
- Large on-title office, no office hour
Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
Business Summary
Key Investment Insights
1. Centrally located in the popular and leafy suburb of Sunnybank Hills on the Brisbane Southside.
2. Well-presented and immaculately maintained complex with a quiet and peaceful atmosphere.
3. Long agreement with 21 years remaining on a 25-year accommodation module.
4. High manager remuneration of $271,958 with annual adjustments of CPI or 5%, whichever is greater.
5. Low turnover of tenants, resulting in minimal inspections and paperwork.
6. Supportive and fantastic Body Corporate to work with.
7. Modern and spacious manager residence with a large living/dining area, open plan kitchen, and outdoor entertaining area.
8. Large on-title office with no office hours.
9. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
