Mudgeeraba, Queensland

$560,000

Property Description

LIVE OFF SITE ...Beautiful 3 and 4 story walk up Management Rights

This lovely complex is situated near Schools, Restaurants, Doctors and near M1. Everything is there at your fingertips. All apartments have 2 carparks and a cage each with secure carparking. Apartments are never empty good tenants in place and placid BCorp Little gardening and easy to maintain. All units of views of the hinterland. This is a must inspect with a low multiplier just right to sell quickly. The current manager runs it by herself and also works part time. Managers pet is welcome. Live off site and rent the apartment out. The unit currently rents out for $300 a week

Property Summary

Business Snapshot

Price: $560,000 Net Profit: $55,000 Remuneration / Body Corp Salary: $42,000

Managers Unit

Value of Managers Apartment: $370,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 30Total Units in Letting Pool: 14Holiday Units: 14Owner Occupy Units: 12Agreement Term: 25 yearsAgreement Term Remaining: 18 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Mudgeeraba, Queensland 4213 Exact map location not provided

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