Redcliffe, Queensland

$780000

Property Description

Easy for One Person or Great to Add-on

Redcliffe is now a destination and people are flocking there for their slice of heaven. With the new Moreton Rail line extension was finished, it provides more than 650 new weekly train services. Trains will run every 6 to 12 minutes in peak times, all-day express services, and a consistent 55 minute journey between Kippa-Ring and Brisbane Central stations. Redcliffe will become more accessible to Brisbane and the prediction is for an influx of new residents.

Redcliffe is now a prime location! Just 35 minutes drive north of Queensland's capital city, Brisbane.
Whether it be wining and dining, live theatre, picnics, boating, swimming, skydiving, fishing, scuba diving, windsurfing and other aquatic activities - Redcliffe's got it covered! And don't forget the Sunday markets!

If you are looking for an excellent investment at the right price, then this management rights ticks all the boxes. The owners need a quick sale as they have purchased elsewhere. You will be pleasantly surprised at what you get for your money:

• A solid netting business
• Very manageable caretaking workload
• Potential to pick up more lettings and sales of units
• Fantastic location
• An outstanding managers unit
• Part of the Northern growth corridor

This management rights consists of two easy care apartment buildings. Located only mintues walk to Queensland's award winning beach with shimmering and inviting water and only minutes away from the Redcliffe CBD, hospital, local restaurants, cafes and a brand new shopping complex.

The managers unit is immaculate, modern and very stylish!

Set on the ground floor in this peaceful and quiet complex, this unit has more on offer once you get inside and have a look. The 2 spacious bedrooms come with walk-in robes and the master is complete with a very appealing ensuite. A well-appointed kitchen allows for easy entertaining with plenty of bench space and loads of cupboards. In fact, there is more storage in this unit than you would expect. As for the open plan dining and lounge area, relaxing or entertaining is made easy, especially with sliding doors opening out onto your very own courtyard. This unit is so nice I am not sure how you can leave it to get your work done.

Prime Location....

Conveniently located in a highly sought after Suburbs, close to everything, very popular to renter

Easy Caretaking Work....

Low workload caretaking work, no pool, small garden, easy job for one person

Long Years Agreement....

19 Years and 20 years agreement on both agreements

Great Remuneration....

$67,417 annually with CPI adjustment every Aug and Jan.

No Office Hours

"CLEAN" Income Page....

No income included from repairs and maintenance, cleaning … Great income upsides potentials!

Perfect for that work and life balance! If you want to buy a solid management right business and undisturbed lifestyle, it ticks all your boxes, please book your inspection immediately.

Property Summary

Business Snapshot

Price: $780000 Net Profit: $98,726 Remuneration / Body Corp Salary: $67,417Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $385,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 52Total Units in Letting Pool: 16Permanent Units: 16Outside Agent Units: 12Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 Years + yearsBBQ Area: Yes

Marketing Agent


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Redcliffe, Queensland 4020 Exact map location not provided

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