Tingalpa, Queensland


Property Description

Great Bay side complex

CPI or 3 % annual increase on very good B/Corp salary. Steady rent roll and plenty of room to increase the income. Comfortable workload and life style for the motivated person. Vendors ready to move. Current Manager lives off sight and rents out unit. Office is separated. Vendor expected asking price or very close.
Most important
1 You do not have to live on site. The unit is currently rented out to a fantastic single lady
2 There is no office hours
3 The vendor wants offers from $830,000
Please contact Exclusive Agent Robert Collins on 0404678792 or robertc@raas.comau

Property Summary

Business Snapshot

Price: $833,000 Net Profit: $105,000 Remuneration / Body Corp Salary: $89,177

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 14Holiday Units: 14Owner Occupy Units: 23Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Marketing Agency

RAAS Group

Robert Collins
RAAS Group


Listing Tools

Property Map

Map Location ( get directions )

Tingalpa, Queensland 4173 Exact map location not provided

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