Woodridge, Queensland

$499,000

Property Description

Permanent Management Right – No owner occupier! | Resort Brokers ID : MR006178

Rare opportunity to acquire this permanent management rights with easy manageable workload and great upside potential. No requirement to live onsite!



  • No fixed office hour. No owner occupier lives onsite and no outside agent

  • NO requirement to live onsite

  • 24 units in the letting pool out of total 25 units in the complex

  • Generous Body Corporate salary of $1,375/lot

  • Extra income generated from food service to residents

  • Easy manageable workload for one person or a husband and wife team

  • Spacious two bedroom, two bathroom manager's residence, could be rented out for $260/wk = $13.520/year which is not included in the current net income

  • Great return on investment

  • Very supportive Body Corporate

  • Close to Mega shopping centres, schools, transportations, and freeway access

  • Property inspections are by appointment only

Date updated: 17 Feb 2020 23:00:06

Property Summary

Business Snapshot

Price: $499,000 Net Profit: $68,283 Remuneration / Body Corp Salary: $33,938

Managers Unit

Value of Managers Apartment: $250,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 25Total Units in Letting Pool: 24Holiday Units: 24Owner Occupy Units: 1Agreement Term Remaining: 16 years

Marketing Agent


Marketing Agency

ResortBrokers

Jessie Shi
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Woodridge, Queensland 4114 Exact map location not provided

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