Management Rights - Brisbane, QLD

Brisbane, QLD

$1,585,000

Property Description

Great Permanent

A good life-style plus here. Very modern Hi-rise with permanent rentals within a few minutes walk to the Queen St mall. Building boasts a roomy 3 bedroom 2 bathroom 2 car space Managers apartment with large office attached and on title. Small garden and little outside work required. Plenty of storage. Friendly BC committee
Please contact Robert Collins Exclusive Agent in the first instance on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
83161
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI or 4% which ever is the greater
Net Profit:
$179,162
Manager's Unit Price:
$655,000
Management Rights Price:
$930,000
Letting Business

Est. Year Built: 2003
Total Units In Complex: 51


Inside Letting Pool

Permanent: 27
Holiday: 0
Corporate: 0
Total: 27

Outside Letting Pool

Lock Up: 0
Outside Agents: 3
Self Managed: 1
Owner Occpd: 20
Total: 24

Number & Type In Letting Pool
Number Type Features
24 3 Bed Apartments Air Con,D/Washer, Clothes Dryer,Ensuite,Microwave 2 car spaces 2 bathrooms
3 2 Bed Apartments Air Con,D/Washer, Clothes Dryer,Ensuite,Microwave 1 car spaces 2 bathrooms
1 Bed
Tariffs

Booking Type Details
Permanent 3 bed $690 to $750 Per week 2 bed $500 to $540 Per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: On Title
Office Software: Console Cloud
Office Hours: 4 Pm to 5 Pm Monday to Thursday
Storage: Plenty
Office Computer: Yes
Module: Accommodation
Agreement Term: 25 years
Years To Run: 19 years
Manager's Unit Description: Ground floor with office attached. This is an attractive spacious unit with two car spaces Beautifully appointed.

Facilities

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

Other Facilities: This complex is the most prestigious complex in Spring Hill tucked away just off the main drag and close to everything. It is one of the few permanent complexes in this suburb You will not be disappointed in anything related to this complex It has 19 years to run and the BC has already been informed that a further 5 year top required next year as one was granted last year. There is no concern of the committee. The current manager has been there for 12 years. The complex is GV compliant as well. Valuation has been done on the unit .

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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