Management Rights - STRATHPINE, QLD

STRATHPINE, QLD

$637,000

Property Description

Wonderful Starter Complex For A Family

This is a great opportunity to dig your teeth into an easy starter complex. No fuss vendors and long term tenants the current owners have been onsite for over twelve years. Low amount of work required, just two hours a day five days a week. To top it off the BC salary has an annual increase of 5%!

The opportunity includes:
* Generous six bedroom family home, plus three bathrooms and three car parks. The original potato farmhouse.
* Twelve permanent rentals
* Walk to city train and buses.
* Close to Strathpine Central and the to be complete University (2020). This will become a higher demand area for students, lecturers etc.

Please contact Haydn Meyer on 0411441727 or haydnm@raas.com.au.
Financial Overview

Body Corp Salary:
54873
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
5%
Net Profit:
$66,500
Manager's Unit Price:
$439,000
Management Rights Price:
$198,000
Letting Business

Est. Year Built: 2006
Total Units In Complex: 38


Inside Letting Pool

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

Outside Letting Pool

Lock Up: N/A
Outside Agents: 2
Self Managed: 2
Owner Occpd: 22
Total: 26

Number & Type In Letting Pool
Number Type Features
1 2 Bed Villa Air con modern appliances garage
10 4 Bed Townhouses Air con modern appliances double lock up garages
0 Bed
Tariffs

Booking Type Details
Permanent Two bedrooms $330 p/w Four bedrooms $375 to $400 p/w
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 5 Bedrooms
Office Reception: On title
Office Software: Caretaker
Office Hours: Nil
Storage: Plenty
Office Computer: Yes
Module:
Agreement Term: 25 years
Years To Run: 23 years
Manager's Unit Description: Refurbished original stand-alone home on site providing a very modern make-over, 6 bedrooms, office and carport with parking for 3-4 vehicles

Facilities

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

Other Facilities: Pets with BC approval.

Property Agent

Haydn Meyer

Phone: 0411 441 727
Office: 1300 282 370

Email Listing Agent

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