Sadliers Crossing, Queensland

$645,000

Property Description

Brand new complex, great for first timers!

This brand new complex with 31 Queenslander style town-homes is available for the first time. The care taking salary also includes the close by River Terraces complex with 22 townhouses.

There has a large potential rental pool with the area being very popular with investment properties / tenants.

The managers town home has three bedrooms, two bathrooms, large living space with an additional gigantic utility room under the residence. Large garage with enough room for 4 cars, tools etc.

As this is both a new management rights agreement and a new complex, there is a capital gains potential from house price growth and additional income generated form the body corp salary and the rental pool.

This area has a rental population of around 23% and the current vacancy rate is 2.07%. Sadliers Crossing is an ideal location for an investment in Management Rights.

Fantastic location: close to schools, riverside parkland, rail and the Ipswich CBD.

This is one to get in quick to capture the full potential of this opportunity.

Property Summary

Business Snapshot

Price: $645,000 Net Profit: $49,000 Remuneration / Body Corp Salary: $51,000

Managers Unit

Value of Managers Apartment: $389,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 31Total Units in Letting Pool: 5Holiday Units: 5

Marketing Agent


Marketing Agency

RAAS Group

Haydn Meyer
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Sadliers Crossing, Queensland 4305 Exact map location not provided

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