Springwood, Queensland

$895,000

Property Description

SIMPLE AND SECURE!

On offer is a modern, low maintenance complex in Springwood. With 57 lots in total, including 8 permanent rentals let through outside agents, there is an opportunity for the incoming onsite manager to increase the letting pool size.

This popular complex is well located close to all amenities and good schooling. Residents enjoy a swimming pool and adjacent BBQ facilities.

The manager’s home is a spacious design with 4 bedrooms, 2.5 bathrooms, 3 car spaces and an office attached.

With 22 years to run on agreements, a Body Corp salary of $71,000, simple duties and no set office hours this allows for a secure income and flexibility for the incoming manager

Property Summary

Business Snapshot

Price: $895,000 Net Profit: $86,000 Remuneration / Body Corp Salary: $71,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $545,000Bedrooms: 4Bathrooms: 3Car Spaces: 3Office: On TitlePets OK: Yes
The manager’s home is a spacious design with 4 bedrooms, 2.5 bathrooms, 3 car spaces and an office attached.

Complex Information

Complex Type: PermanentTotal Units in Complex: 57Total Units in Letting Pool: 8Permanent Units: 8Owner Occupy Units: 40Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

Property Bridge

Jim Lowe
Property Bridge

Phone

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Property Map

Map Location ( get directions )

Springwood, Queensland 4127 Exact map location not provided

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