Redbank Plains, Queensland

$1,515,000

Property Description

Good Growth Prospects

- Net Profit $215,537.00 Verified By Mcadam Siemon Accountants
- BC Remuneration $100,500.00
- Includes a spacious 3 Bedroom, 2 bathroom, 2 car garage managers residence + front reception office on title.
- Agreements: 25 years
- Term Remaining: 21 yrs
- 73 Units in the rental pool + 5 External Lots
- 89 Lots in Total in complex
- No Set Office Hours
- The current manager has excellent relationship with the body corporate.

Property Summary

Business Snapshot

Price: $1,515,000 Net Profit: $215,537

Managers Unit

Value of Managers Apartment: $369,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title
Managers residence is stand alone on 390 square metres, Seperate storage shed, Ducted Air Conditioning, New carpets in lounge room

Complex Information

Complex Type: n/aTotal Units in Complex: 0

Marketing Agent


Marketing Agency

MLR Property Group
MLR Property Group

Nat Marler
MLR Property Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Redbank Plains, Queensland 4301 Exact map location not provided

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Net Income: $228,000
Managers Estate: $430,000 3 Bed 2 Bath
Letting Pool: 68
Remuneration: $84,000

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