Management Rights - ASPLEY, QLD

ASPLEY, QLD

$450,000

Property Description

Two OTP complexes sold as one

Please call Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au for any information.

This is an OTP
It is two complexes less than two kilometers apart selling as one MR. Full expenses have been applied of $8120.00 with a net of $116,000. The developer has an expectation of offers from $450,000. There will be claw back and forward if needed and a shed and equipment will be provided by the developer if required.Only apply if you are an experienced operator and please provide your CV with any offer.
The first stage (20) will be completed in 3 months . Therefor a quick turnaround is required.
Financial Overview

Body Corp Salary:
Anniversary Of Body Corporate Salary:
N/A
Body Corporate Salary Review:
CPI
Net Profit:
$116000
Manager's Unit Price:
na
Management Rights Price:
$450000
Letting Business

Est. Year Built: 2017
Total Units In Complex: 40


Inside Letting Pool

Permanent: 35
Holiday: 0
Corporate: 0
Total: 35

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 5
Total: 5

Number & Type In Letting Pool
Number Type Features
35 4 Bed Town Houses @ bed 2 LUG, air con, all new
Tariffs

Booking Type Details
Permanent 440 to 480 per week average $460
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: N/A
Office Reception:
Office Software:
Office Hours:
Storage: Yes
Office Computer:
Module:
Agreement Term: 25
Years To Run: 25
Manager's Unit Description:

Facilities

Pool: NO
Spa: NO
Gym: NO
Tennis Court: NO
Sauna: NO
Foxtel: YES
Cable Installed: YES
Pets Allowed: YES
Barbeque Area: NO

Other Facilities: This is an OTP
It is two complexes less than two kilometers apart selling as one MR. Full expenses have been applied of $8120.00 with a net of $116,000. The developer has an expectation of offers from $450,000. There will be claw back and forward if needed and a shed and equipment will be provided by the developer if required.Only apply if you are an experienced operator and please provide your CV with any offer.
The first stage (20) will be completed in 3 months . Therefor a quick turnaround is required.

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent