Calamvale, Queensland

Under Contract / Offer

Property Description

LIVE OFF OR ON-SITE. HIGH SALARY!

A handsome Body Corporate salary of $91,000 with 5% annual increases and a great letting pool makes it hard to ignore this Brisbane management rights business netting you $164,000 p.a.

Upon entering this whisper quiet, security gated complex you will feel immediately at ease in the tranquil surroundings. The gated community townhouses are spacious 2 storey, 3 bedroom and are terrific for families.

Located close to Calamvale Park, the Community College, shops, restaurants and public transport, this South Brisbane business is very popular with tenants always looking to rent.

21 years remaining on management agreements!

This business is straight forward to operate and would suit a first time buyer

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $164,000 Remuneration / Body Corp Salary: $91,000Body corp salary review: Fixed %

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
No requirement to live onsite.

Complex Information

Complex Type: PermanentTotal Units in Complex: 39Total Units in Letting Pool: 30Permanent Units: 30Owner Occupy Units: 7Outside Agent Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: Yes

Other Features / Notes

No requirement to live onsite.

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Map Location ( get directions )

Calamvale, Queensland 4116 Exact map location not provided

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