Management Rights - Eight Mile Plains, QLD

Eight Mile Plains, QLD

$1,980,000

Property Description

Eight Mile Plains Complex

This is an up market complex with all the improvements to income still available. It will pass all examination A selection of photographs are available as well as a total I M and Valuation report from Australian Valuers. No reasonable offer will be refused. Please contact Exclusive Agent Robert Collins by emailing robertc@raas.com.au or 0404678792
Financial Overview

Body Corp Salary:
169534
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI Max 5%
Net Profit:
$279,536
Manager's Unit Price:
$520,000
Management Rights Price:
$1,460,000
Letting Business

Est. Year Built: 2008
Total Units In Complex: 124


Inside Letting Pool

Permanent: 48
Holiday: 0
Corporate: 0
Total: 48

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 76
Total: 76

Number & Type In Letting Pool
Number Type Features
18 1 Bed unit Air con, Dishwasher, Ensuite, 1/LUG,
10 2 Bed unit Air con, Dishwasher, Ensuite, 1/LUG,
18 3 Bed town house Air con, Dishwasher, Ensuite, 2/LUG,
Tariffs

Booking Type Details
Permanent 1 bed + Study $389 per week 2 bed $420 per week 3 bed $470 per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 4 Bedrooms , 3 Bathroom
Office Reception: On Title
Office Software: TBA
Office Hours: Nil. Available between 8.30 to 5.00 Mon to Fri and 8.30 to 1.00 Sat
Storage: On title
Office Computer: yes
Module: Accommodation
Agreement Term: 25 Years
Years To Run: 20 /16Years
Manager's Unit Description: With 20sqmt of office and store room, total area 189sqmt, quality European appliances,2 bathroom +powder room, + courtyard etc+etc+etc

Facilities

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

Other Facilities: Pet up to 12 kg with BC approval. Telstra smart community with fiber optics to all residences. Child care, shopping complex and council park . Not part of BC
This is two complexes right across the road from each other. One is a high-rise and the other a town house complex.
Managers unit is as large or larger than an ordinary home
Extremely motivated vendor. all reasonable offers will be considered.
There is an extremely detailed I M available as well as a valuers report from Australian Valuers a year old but the values have gone up not down and this is the bases for the sale. Come and have a look you will not be disappointing.

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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