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Great business in Burpengary

$1,750,000

Burpengary, Queensland

Great business in Burpengary

Big net income $258,000 with great remuneration $106997.28
- Easy to rent
no vacancies Lots of stable and long term tenants, always have waiting list
Great primary and high school catchment
Units with competitive size and two car space in the letting pool
Good quality tenants
So easy to rent these townhouses with such a terrific location. Enjoy shopping, restaurants, health club, public transport and only about 30 minutes to Brisbane's CBD Hidden secret great location.
- Easily run
Low work load no office hours easy maintenance
-Peaceful and quiet complex, easy to manage,
plenty visitor car spaces, each unit have two car spaces
Most of the investor owners inter-state
All regular maintenance is carried out by contractors
- Supportive committee and Body Corporate
Long agreement - Still 23 years left on agreement
No need to live on-site. No office hours..
- Great location
Access to all important facilities, Located close to train station, buses and quick access to Bruce Highway, Close to the local Plaza, Kmart, Woolworth etc , Costco Warehouses, Westfield North Lakes and IKEA Shopping Malls
- Close to the beach, Redcliff and Bribe island.
- Primary and Secondary Schools, primate schools and Great public school catchment
- Easy access to the Bruce Highway for Brisbane or Sunshine Coast commuting

Comfortable and Relax Manager Residence

- Standalone two level townhouse with 4 car space
- Spacious 3 bedrooms + study, 2.5 baths,
- Sealed Double garage, and additional two car space, total 4 car spaces
- Beautifully presented manager's unit, Good size Office On Title, Three Air conditioners
- Contemporary with tiled floor downstairs
- The quiet covered patio outdoor area for a nice outdoor setting and BBQ, Fully fenced house
Large backyard for big families
This is a great opportunity for first time buyer or an experienced buyer. The project like this, it will not last long, please call on 0426 461887 , or email now.

Features

Business Snapshot

  • Price: $1,750,000
  • Net Profit: $258,055

Managers Unit

  • Value of Managers Apartment: $435,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Office: On Title

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 76
  • Total Units in Letting Pool: 73
  • Holiday Units: 73
  • Agreement Term Remaining: 24 years

General Features

  • Bedroom: 3
  • Bathrooms: 2
  • Garaging: 1
  • Carports: 1

Internal Features

  • Air Conditioning
  • Intercom

Pool / Spa

  • Inground Pool

Other Features / Notes

0

Business Links / Tools

Last updated: 5th April 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Burpengary
State
 Queensland
Price
$1,750,000
Category
  • Management Rights

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Agency

Contact

Alice Cai
Robert Lin 0433000888