Runcorn, Queensland

$488,500

Property Description

At Home With An Income!

It's time to review the attributes of this home that comes with an on title office and an income. Remember no one else is authorised to run a business from this site. Only the owner of lot 18 can run a business from this address.

This home comes with the benefit of an income derived from the Care-taking and letting roles performed in the Management Rights Industry. This income net of expenses is $42 562. At $395,000 this new home is the best value you will find and Sunnybank with all its attributes is just next door.

The role is satisfied by performing the supervision and maintenance of common areas within the complex and a Saturday afternoon mow of the grass. As the complex is new the maintenance functions are negligible. The key to fulfilling this role is to be contactable by mobile telephone during office hours.

Contact exclusive listing broker Peter Sagner for the details : 0401 814 404; e-mail peters@raas.com.au

Property Summary

Business Snapshot

Price: $488,500 Net Profit: $42,562 Remuneration / Body Corp Salary: $19,104

Managers Unit

Value of Managers Apartment: $395,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 18Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Peter Sagner
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Runcorn, Queensland 4113 Exact map location not provided

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