Windsor, Queensland

Under Contract / Offer

Property Description


ResortBrokers is excited to bring you this exceptional business-only MLR opportunity of significant scale boasting a net profit in excess of $500K. These near-new permanent buildings have just had a price reduction! Book a time to inspect today!

The perfect acquisition for an astute management rights operator to secure the premium business-only rights to four high quality complexes located within close proximity to each other on the northside of Brisbane.

  • PRICE REDUCED from $3,344,367 to $3,212,500

  • Unique bundle of four independent complexes built between 2018 - 2019

  • Between 23-24 years remaining on Caretaking and Letting Agreements

  • 163 apartments / townhouses across the four properties

  • Offering 143 letting appointments in total

  • Solid combined Body Corporate salary of $172,511 per annum

  • No set office hours and no real estate to purchase

  • 3 x modern apartment buildings and 1 x mid-scale townhouse site of 52 units

  • Easy caretaking workload with minimal communal facilities

  • All four are located close to major employment nodes ensuring tenant stability

Date updated: 12 May 2021 13:00:05

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $513,405 Remuneration / Body Corp Salary: $172,511

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 163Total Units in Letting Pool: 143Holiday Units: 143Owner Occupy Units: 20Agreement Term Remaining: 25 years

Marketing Agent

Marketing Agency


Tim Crooks


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Map Location ( get directions )

Windsor, Queensland 4030 Exact map location not provided

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