Marsden, Queensland

$2,536,900

Property Description

MASSIVE $365,000 PROFIT. LIVE OFF SITE.

Located in Brisbane’s south this outstanding permanent Management Rights business will be much sought after by savvy buyers who know value when they see it.

Contributing to the healthy profits is a Body Corporate salary of $146,000. And you buy a quality business, 23 years remaining on the Management Rights agreements with a supportive Body Corporate Committee!

This modern, secure townhouse complex features swimming pool and gym with easy access to the local shopping precinct, public transport (train), and the Logan/Gateway motorways.

With the roomy manager’s 3 bedroom standalone house priced at $420,000 the buyer gets maximum value for their money when consideration is given to overall return on investment.

Live off-site should you choose and employ an onsite manager for day to day tasks.

A prized residential complex in a high demand rental area should ensure the incoming manager continues to enjoy the business and reap the considerable financial benefits and stability that follow an acquisition of this calibre.

Property Summary

Business Snapshot

Price: $2,536,900 Net Profit: $365,000 Remuneration / Body Corp Salary: $146,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
A roomy manager’s 3 bedroom standalone house

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 82Permanent Units: 82Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesGym: Yes

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Marsden, Queensland 4132 Exact map location not provided

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