Redbank Plains, Queensland


Property Description

Redbank Plains $1,570,000

Net Profit: $240,000
Manager Unit: $350,000
Remuneration: $110,000
Letting Pool: 74 + Plus 8 x outside Managements
Immaculately presented permanent rental Town house complex in Brisbane West; Located right next door to the brand new Shopping Complex. And transport Bus and train are close by.
Complex is 10 Years Old. Very Low Maintenance & Easy to look after; No Set Office Hours; Good Growth Prospects.
Great location in an upcoming growth area, the bus stop is at the door, and all required amenities and services are within walking distance, finding tenants is not a problem,, there is no vacancy and rents are going up.

Contact Robert Lin 0433 000 888

Property Summary

Business Snapshot

Price: $1,642,000 Net Profit: $231,114 Remuneration / Body Corp Salary: $110,000

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 89Total Units in Letting Pool: 74Holiday Units: 74Agreement Term Remaining: 22 years

Marketing Agent

Marketing Agency

Joy Realty

Robert Lin 0433000888
Joy Realty


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Property Map

Map Location ( get directions )

Redbank Plains, Queensland 4301 Exact map location not provided

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