Calamvale, Queensland

$1,037,000

Property Description

LOCATION LOCATION LOCATION. MANAGEMENT RIGHTS FOR SALE

A compact and modern complex surrounded by residential homes offering peaceful occupation of the area has hit the market and if you are considering purchasing in this price range then you should not miss the opportunity to inspect. With one of the nicest free standing 4 bedroom house for the Manager I reckon the first to see will buy. 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. 90% are in the Managers rental pool. 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, is on the City bound 130, 140 & 150 bus routes and access to the Logan Motorway is a short drive.
One is also spoilt for shopping choices with Grand Plaza, Browns Plains, Sunnybank Shopping Town and Calamvale only a few minutes away. Supermarkets are plentiful and there is a large park within 5 minutes walk of the complex.
Only two years old, there is still plenty of income upside for a keen Manager to massage and the Body Corporate annual salary increase of 3% is a big plus.
Please contact your RAAS Rights Exclusive Broker, Jim Prentice at 0412 984 684 or Email jimp@raas.com.au for more information or to book an inspection.

Property Summary

Business Snapshot

Price: $1,037,000 Net Profit: $115,000

Managers Unit

Value of Managers Apartment: $485,000Bedrooms: 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

Jim Prentice
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Calamvale, Queensland 4116 Exact map location not provided

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