Management Rights - Brassall, QLD

Brassall, QLD

$345,000

Property Description

Great Starter Complex Brassall

Ideal starter complex at a buy-in price that has largely disappeared from today's marketplace.Peaceful outlook close to shopping centre and bus route on Brisbane outskirts. Opportunity for Manager to reside off-site
Current owner wishes to retire..This is a 3 multiplier on a 25 year agreement and minimal work.
Please contact Exclusive Agent Robert Collins on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
48882
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$55,000
Manager's Unit Price:
$180,000
Management Rights Price:
$165,000
Letting Business

Est. Year Built: 1993
Total Units In Complex: 42


Inside Letting Pool

Permanent: 12
Holiday: 0
Corporate: 0
Total: 12

Outside Letting Pool

Lock Up: 0
Outside Agents: 16
Self Managed: 6
Owner Occpd: 8
Total: 30

Number & Type In Letting Pool
Number Type Features
2 3 Bed Townhouses .Some aircon,Some insinkerators,courtyard,SLUG
10 2 Bed T/Houses & Villas .Some aircon,Some insinkerators,courtyard,SLUG
1 Bed
Tariffs

Booking Type Details
Permanent 2 B/rm $260 av p/w. 3 B/rm $290 p/w
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 1 Bathroom
Office Reception: Exclusive Use
Office Software: N/A
Office Hours: None Specified
Storage: Yes
Office Computer: Yes
Module: Accommodation
Agreement Term: 25
Years To Run: 25
Manager's Unit Description: Very tidy and roomy. Is air conditioned and has a single lock up garage.

Facilities

Pool: Yes
Spa: No
Gym: No
Tennis Court: No
Sauna: No
Foxtel: Yes
Cable Installed: Yes
Pets Allowed: Yes
Barbeque Area: Yes
Wireless: Yes

Other Facilities: Pets with B/Corp approval
There is an exclusive office provided. You do have to purchase the managers home but you do not have to live on site. Currently leased out figures are not in P&L.

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

Subscribe to emails:  
Copyrights © 2017 All Rights Reserved by Raas Group. Privacy