Redcliffe, Queensland

$1,023,000

Property Description

Comfort and simplicity on the beautiful Redcliffe Peninsula | Resort Brokers ID : MR006005

This simplistic and easy to run complex is situated on the idyllic Redcliffe Peninsula. This location is arguably one of Brisbane’s most underrated suburbs. The growth in this area has increased significantly in the past ten years. This neat business is a must for first-time buyers or experienced operators seeking a quality business



  • No large lawns to maintain

  • Low maintenance business

  • 21 years remaining

  • Exclusive office to the manager with ample storage

  • Spacious and modern 3 bedrooms, 2 bathroom manager’s residence

  • Plenty of upside with room to grow the letting pool

  • Situated on the Redcliffe peninsula

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $1,023,000 Net Profit: $109,008 Remuneration / Body Corp Salary: $69,858

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 3Bathrooms: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 44Total Units in Letting Pool: 18Holiday Units: 18Owner Occupy Units: 17Outside Agent Units: 9Agreement Term Remaining: 21 years

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Map Location ( get directions )

Redcliffe, Queensland 4020 Exact map location not provided

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