Rochedale, Queensland

$936,227

Property Description

NEW 'BUSINESS ONLY' PERMANENT MR - $170,233 | Resort Brokers ID : MR006481

Presented to market exclusively by Resort Brokers for the first time, is the opportunity to purchase the management rights to high quality, 'business only' townhouse complex, located in Rochedale.



  • Total of 53 X 4 bedroom townhouses

  • 40 units managed in onsite letting pool, with 9 outside agents and 4 owner occupiers

  • 23+ years remaining on caretaking and letting agreements

  • Clean P&L made up of almost entirely BC salary and letting income

  • Solid BC salary of $61,547 (ex GST)

  • No requirement to live on site, no set office office hours, easy to maintain grounds

  • Stunning location next to Daisy Hill Rainforest

  • Call agents Tim Crooks or Alex Cook for further information

  • Please click on the youtube icon below for a summary video on the offering.

Date updated: 18 Nov 2020 01:00:04

Property Summary

Business Snapshot

Price: $936,227 Net Profit: $170,223 Remuneration / Body Corp Salary: $61,547

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 53Total Units in Letting Pool: 40Holiday Units: 40Owner Occupy Units: 9Outside Agent Units: 4Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Alex Cook
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Rochedale, Queensland 4123 Exact map location not provided

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