Browns Plains, Queensland

Priced to Sell 1,548,000

Property Description

5.1 LOW Multiplier Permanent Management Rights in Southside Birsbane!

Great Complex
The Phil Usher built townhouses complex is situated in Brown Plains, a rapidly growing suburb offering convenient travel between Gold Coast and Brisbane via the Pacific and Logan motorways.
Lovely swimming pool, entertainment area with undercover BBQ, well-equipped Gym 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, near Browns Plains shopping plaza precinct with specialty shopping, restaurants, cinemas and bus station serving all suburbs and the city.

Great Remuneration
$71,708 with annual adjustment of CPI

Long Agreement
Still 22 years left on agreement.

Fantastic Manager Residence
A very spacious size, standing alone, lowset villa with solar panels comfortably suits all your family's needs
- 896 m2 land size
- Fully fenced house with security
- Large backyard for big families
- Up to six car parks
- Self-contained granny flat which has been rented out at $260 per week

Good Size Office attached without office hours on agreement.

If you want to buy a big and solid income and lifestyle business, it ticks all your boxes, please book your inspection immediately with our NEXT team.

Property Summary

Business Snapshot

Price: Priced to Sell 1,548,000 Net Profit: $195,718 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 4Bathrooms: 3Car Spaces: 4Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 62Total Units in Letting Pool: 43Permanent Units: 43Owner Occupy Units: 16Outside Agent Units: 3Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 Years yearsPool: YesGym: YesBBQ Area: Yes

Marketing Agent

Marketing Agency

Next Business & Property Sales

Next Business & Property Sales

Next Business & Property Sales

David Jiang
Next Business & Property Sales


Listing Tools

This listing last updated: 29th September 2018

Property Map

Map Location ( get directions )

Browns Plains, Queensland 4118 Exact map location not provided

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Net Income: $195,700
Managers Estate: - 3 Bed - Bath
Letting Pool: -

RAAS Group