Murrumba Downs, Queensland

$1,504,504

Property Description

Murrumba Downs MR for sale

Here is a golden opportunity to run your own business in beautiful Murrumba Downs. This excellent Management rights business offers an income of nearly $205,105 per annum for caretaking a 75 Unit complex and managing the 61 Units letting pool. Twenty years caretaking remain, with top-ups available on application. The complex has excellent leisure facilities, including BBQ, pool and gym.
This accommodation complex is always in demand by rental clients, due to the attractive complex and its environment, and to its close proximity to schools, shops and public transport. High rent-ability in turn helps to optimise the on-site Manager's income.
The Manager's residence, a large four-bedroom Unit with two bathrooms, an ensuite and double car parks, will ensure your domestic comfort and optimise your recreation time.
To obtain more information about this great MR opportunity and to arrange an inspection, please telephone Mr Robert Lin on 0433 000 888.

Property Summary

Business Snapshot

Price: $1,504,504 Net Profit: $205,105 Remuneration / Body Corp Salary: $80,000

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 4Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 75Total Units in Letting Pool: 61Holiday Units: 61Agreement Term Remaining: 20 years

Marketing Agent


Marketing Agency

Joy Realty

Robert Lin 0433000888
Joy Realty

Phone

Listing Tools

Property Map

Map Location ( get directions )

Murrumba Downs, Queensland 4503 Exact map location not provided

Similar Properties

New OTP Albant Creek
Exclusive

ALBANY CREEK
New OTP Albant Creek

$1,575,000
Net Income: $248,000
Managers Estate: $475,000 3 Bed - Bath
Letting Pool: 97
Remuneration: $90,000

RAAS Group