Capalaba, Queensland

$1,059,400

Property Description

OTP Management Rights Now Available in a Great Location | Resort Brokers ID : OTP004031

Resort Brokers ID : OTP004031

  • Rhodes Apartments Stage 1- Completed

  • A 53 unit complex in a high growth with high rental location.

  • Projected net income of $153,620 based on the maximum possible units in the letting pool.

  • Business price subject to an adjustment for each unit less in the pool at the adjustment date.

  • 100% occupancy expected in this high growth elite suburb.

  • A secure Body Corporate remuneration of $53,000 with CPI increases per annum.

  • A work load easily managed by a couple.

  • A beautiful managers’ residence.

  • A quiet peaceful life style close to everything that one could need.

NB: Property inspections are by appointment only

Date updated: 21 Jul 2017 23:00:09

Property Summary

Business Snapshot

Price: $1,059,400Net Profit: $153,620 Remuneration: $53,000

Managers Unit

Value of Managers Apartment: $449,900Bedrooms: 3

Complex Information

Total Letting Pool: 52Agreement Term: 25 years

Marketing Agent

  • Neville Littleton

  • 0407 727 194
  • 07 3878 3999
  • send email

Marketing Agency

Resort Brokers

Resort Brokers

Resort Brokers

Neville Littleton
Resort Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Capalaba, Queensland 4157 Exact map location not provided

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