Albany Creek, Queensland


Property Description

2 year old complex

This complex has three stages. Stage one and two are complete. Income for stage one and two is $60,868 and the price for that is $235,000
Stage three will be finished in July this year with an income of $31,416 ( BC Salary only) This will cost $131,000 plus any rentals above the current four will be sold at $6,000 each. Stage three will not be paid for until it is finished. Total income will be $88,684 and total price will be $366000
There is no unit to buy office is exclusive use and there is a large storage shed no office hours contactable only.
In combination with this complex there is two other complexes for sale by the same vendor. You can choose to buy this one by its self or all three
One at Stafford 16.5 years to run income $263,231 price is $1,400,000 negotiable no office no unit storage
Two Everton Park 19 years to run Income $ 149,862 for stage one Office if you want it for $100 per week storage no office hours price $749,312 Stage two $87,671 income price $338,793 ( caretaking only) projected finish December 2021

Please contact Robert Collins on 404678792 or

Property Summary

Business Snapshot

Price: $366,000 Net Profit: $88,684 Remuneration / Body Corp Salary: $51,612

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 4Holiday Units: 4Owner Occupy Units: 38Agreement Term Remaining: 23 years

Marketing Agent

Marketing Agency

RAAS Group

Robert Collins
RAAS Group


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Map Location ( get directions )

Albany Creek, Queensland 4035 Exact map location not provided

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