Wulkuraka, Queensland


Property Description

Brisbane West - 3 Year Old Permanent Complex $135k Net

As new 57 lot Townhouse complex, All 3 Bed, 2.5 Bath, 2 car 2 level town-homes or
stand alone Villas. Top Quality Finishes, including ducted air-conditioning, vacuum system and security alarm. The complex is located right next door to
the Wulkuraka Train Station, and future shopping complex. Waiting list for tenants.

Agreements period : 25 years
Agreement period remaining: 21 years
Body corporate remuneration: $57,738
Body corp remuneration review: 3% or cpi which ever higher annually
Total Lots in complex: 57
Lots in rental pool: 40
Permanent rent range: $330 - $360 pwk
Office hours: nil
Managers house: 3 bed 2.5 bath 2 car standalone villa
Separate managers office including office & Storage area. 12m2 + 2 car parks & Yard
Live onsite: no requirement to live onsite
Managers house not locked into business and can be sold separately anytime.

Very nice complex, no gates, no pool, no gym, very easy to look after.

Managers Real Estate: $400,000.00
Business: $700,000.00
Total Price: $1,100,000.00

Property Summary

Business Snapshot

Price: $1,100,000 Net Profit: $145,000 Remuneration / Body Corp Salary: $57,738Body corp salary review: Fixed %

Managers Unit

Value of Managers Apartment: $400,000Bedrooms: 3Bathrooms: 3Car Spaces: 4Office: Exclusive Use
3 Bed, 2.5 Bath, 2 car 175m2 lowset stand alone Villa.

Complex Information

Complex Type: PermanentTotal Units in Complex: 57Total Units in Letting Pool: 40Permanent Units: 40Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Marketing Agency




Adam Rizzo


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Wulkuraka, Queensland 4305 Exact map location not provided

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