Calamvale, Queensland


Property Description


A compact and modern complex in a peaceful location. With one of the nicest free standing four bedroom homes for the Manager to reside it is a must see opportunity. The house has been designed with the most fastidious in mind and big enough for the family to enjoy all it has to offer.

The business consists of a mix of three and four bedroom townhouses finished to a high standard and are popular with residents. The caretaking can be handled successfully by a single operator with the rentals only taking a few hours per week. There are NO SET office hours in the Agreements. A partner could work in other employment if desired.

If location is important to you then take a look at this one. It fits in the catchment zone of two large and popular colleges, including Stretton State School. It is on the City bound 130, 140 & 150 bus routes and access to the Logan Motorway is a very short drive.

One is also spoilt for shopping choices with Grand Plaza, Browns Plains, Sunnybank Shopping Town and Calamvale only a few minutes away. Aldi is a very short walk from the complex.

Just over two years old and sort after 'Philip Usher' Development, there is still plenty of income upside for a keen manager. You also obtain an annual Body Corporate salary increase of 3%.

Please contact your RAAS Property Group Exclusive Broker, Haydn Meyer on 0411 441 727 or for more information or to book an inspection.

Property Summary

Business Snapshot

Price: $1,072,000 Net Profit: $115,000 Remuneration / Body Corp Salary: $44,064

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 36Total Units in Letting Pool: 32Holiday Units: 32Owner Occupy Units: 1Agreement Term Remaining: 23.5 years years

Marketing Agent

Marketing Agency

RAAS Group

Haydn Meyer
RAAS Group


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Map Location ( get directions )

Calamvale, Queensland 4116 Exact map location not provided

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