$320,000 PROFIT. BRISBANE SOUTH
A popular residential complex with generous two-storey townhouses offering a private urban retreat in Brisbane’s south.
Body Corporate Salary of over $147,000 representing almost 50% of total net profit.
Option to live off-site.
Picture perfect for investors and in demand for tenants, this Management Rights business is ideally located close to shops, IKEA, restaurants and public transport with easy access to the Gateway and Logan motorways. Make the most of the beautiful Queensland weather and take to the outdoors at nearby Karawatha Forest Park and explore the Karawatha Forest Discovery Centre.
This well maintained and presented gated townhouse community has a support Body Corporate Committee and features in-ground swimming pool, tennis court, BBQ area and kids play area..
Price: Under Contract / Offer
Net Profit: $320,500 Remuneration / Body Corp Salary: $147,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $270,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes
Great Value. Terrific Return on Investment (ROI) with this business!
Complex InformationComplex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 76Permanent Units: 76Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesTennis Court: YesBBQ Area: YesFunction Facilities: Yes