Another Quality Heran OTP
This Off The Plan 84 townhouse development Management Rights would make the ideal new business for an experienced management rights couple looking for something bigger and looking for the opportunity to set up this business from scratch. The body corporate salary of $84,000 per year is guaranteed and will increase annually by the CPI. The commission income should be reliable considering the high rental demand in Rochedale. This suburb is close to Sunnybank and that's great news when looking for new tenants. A great location will attract great tenants.
This project is due for completion in 2019. There will be 3 stages. First stage has started. Previous experience is a prerequisite.
This is an exciting opportunity so isn't expected to be on the market for very long.
• Projected income $253,000
• New off the plan development in Rochedale
• Located close to public transport and the major highways
• Great location, means lots of tenants
• All units are to be targeted to investors. Income is projected on 100% in rental pool. Clawback applies to units not in the pool
• Overall a great management rights in a developing area
• Don't miss this exciting opportunity!
Complex InformationTotal Units in Complex: 0