Deception Bay, Queensland

$1,898,000

Property Description

Big Nett Permanent, No Need to Live Onsite!

Conveniently located in a strong rental area just a few minutes drive to the Deception Bay Shopping Centre and just 8kms to the mighty North Lakes Shopping Centre, 6kM to American retail giant Costcos and Bunnings new stores. These new stores require a large number of retail staff making Deception Bay a stronger than ever rental location

Close to the Deception Bay Road which is a short drive to the Bruce highway to the west and the caf and club precinct of Redcliffe to the east. Make all this your lifestyle

Modern and spacious manager residence comprises three bedrooms, two and half bathrooms, lounge/dining room, kitchen, large study, laundry, patio, attached office/reception on title and double garage

Complex very popular with tenants

Long agreement 21 years left on a 25 years accommodation module

Fantastic Body Corporate salary of $107K, with annual CPI adjustment

Very well run complex, all procedures documented

Body Corporate very good and supportive to work with

This is the Goldilocks complex, offering a great lifestyle and solid business. Just Right!

Property Summary

Business Snapshot

Price: $1,898,000 Net Profit: $289,588 Remuneration / Body Corp Salary: $107,429Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $378,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 80Permanent Units: 80Owner Occupy Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 Years years

Marketing Agent


Marketing Agency

Next Business & Property Sales

Next Business & Property Sales

Next Business & Property Sales

Jack Liu
Next Business & Property Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Deception Bay, Queensland 4508 Exact map location not provided

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