Management Rights - MITCHELTON, QLD



Property Description


Due for completion about October/November 2017 this 5 level apartment block would make an ideal "add-on" complex to a management rights operator with another complex.

Just 7 kms from the CBD and easy access to the main roads to both the City and northern suburbs. Train station, bus inter-change, shopping mall, and educational facilities are all within easy reach.

All apartments offer open plan living with tiled flooring, balcony/patio areas and the kitchens fitted with high quality stainless steel appliances. The Developer is going for quality here. Everything a tenant looks for in good rental accommodation.
There will be secure under building carparking with intercom security.
Residents will have the benefit of a lift servicing all levels of the building.

There is no Manager's apartment to buy and with no set office hours the manager will be able to create their own work plan to ensure the smooth running of the business.

For more details on this complex please contact your RAASRights Broker or Jim Prentice 0412 984 684 or E
We are awaiting you call. As these complexes sell quickly an early call can make all the difference.
Financial Overview

Body Corp Salary:
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
Manager's Unit Price:
Management Rights Price:
Letting Business

Est. Year Built: 2017
Total Units In Complex: 20

Inside Letting Pool

Permanent: 20
Holiday: 0
Corporate: 0
Total: 20

Outside Letting Pool

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

Number & Type In Letting Pool
Number Type Features
20 2 Bed Apartments Air Con, Ceiling fans,Stone bench tops, Hi quality fit-out.
0 Bed
0 Bed

Booking Type Details
Permanent Average $435 p/w (Assessed)
Manager's Unit & Office

Manager's Unit Size: 0 Bedrooms
Office Reception: No
Office Software: Purchaser to provide
Office Hours: Non specified in Agreements
Storage: Enough
Office Computer: Purchaser to provide
Agreement Term: 25
Years To Run: 25
Manager's Unit Description: There is no Manager's apartment


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

Other Facilities: Brand new apartment building.
No managers residence to purchase.
Ideal "add-on" to existing business.
All investor owners.
Completion due late 2017.
Small work-load.

Property Agent

Jim Prentice

Jim Prentice

Phone: 0412 984 684
Office: 1300 282 370

Email Listing Agent

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