Strathpine, Queensland

$637,000

Property Description

Wonderful Starter Complex For A Family

This is a great opportunity to dig your teeth into an easy starter complex. No fuss vendors and long term tenants the current owners have been onsite for over twelve years. Low amount of work required, just two hours a day five days a week. To top it off the BC salary has an annual increase of 5%!

The opportunity includes:
* Generous six bedroom family home, plus three bathrooms and three car parks. The original potato farmhouse.
* Twelve permanent rentals
* Walk to city train and buses.
* Close to Strathpine Central and the to be complete University (2020). This will become a higher demand area for students, lecturers etc.

Please contact Haydn Meyer on 0411441727 or haydnm@raas.com.au.

Property Summary

Business Snapshot

Price: $637,000 Net Profit: $66,500 Remuneration / Body Corp Salary: $54,873

Managers Unit

Value of Managers Apartment: $439,000Bedrooms: 5

Complex Information

Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 22Agreement Term Remaining: 23 years years

Marketing Agent


Marketing Agency

RAAS Group

Haydn Meyer
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Strathpine, Queensland 4500 Exact map location not provided

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