Richlands, Queensland

$899,000

Property Description

Simple and Easy!

Walk to Richlands Plaza and Woolworth in minutes, close to all the necessary amenities, dining, shopping, beauty & health and an easy stroll to Richlands Train Station

15min ride to Sunnybank Hills, 20 min to Garden City Westfield, 25 mins to South Bank Parklands

Complex very popular with renters, since ideal location and good rental

Body Corporate very good and supportive to work with

Very well run business, all procedures documented

Well presented complex and low caretaker workload

No requirement to reside onsite and no set office hours

Long agreement, still 23 years left on agreement

Good Remuneration $45,271 with annual adjustment of at least 3%

Spacious manager unit - three bedrooms, two bathrooms, one garage and attached on title office

Simply, Neat and Tidy! Come and take a look we are sure you will be impressed!!

Property Summary

Business Snapshot

Price: $899,000 Net Profit: $105,077 Body corp salary review: Fixed %

Managers Unit

Value of Managers Apartment: $375,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 39Total Units in Letting Pool: 29Permanent Units: 29Owner Occupy Units: 6Outside Agent Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 years yearsPool: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

Next Business & Property Sales

Next Business & Property Sales

Next Business & Property Sales

David Jiang
Next Business & Property Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Richlands, Queensland 4077 Exact map location not provided

Similar Properties

NO NEED TO LIVE ON SITE
Exclusive

RUNCORN
NO NEED TO LIVE ON SITE

Under Contract / Offer
Net Income: $124,000
Managers Estate: $369,000 3 Bed 3 Bath
Letting Pool: 49
Remuneration: $71,000

Property Bridge
Prime Location and Full 25 years Permanent in Brisbane Southside
Exclusive

MACGREGOR
Prime Location and Full 25 years Permanent...

$1,250,000
Net Income: $132,440
Managers Estate: $560,000 3 Bed 2 Bath
Letting Pool: 40
Remuneration:

Next Business & Property Sales

KURABY
Can live offsite!!

Offers over $1,000,000
Net Income: $133,261
Managers Estate: $360,000 3 Bed 1 Bath
Letting Pool: 44
Remuneration: $53,904

Next Business & Property Sales