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Wonderful Starter Complex For A Family

$637,000

Strathpine, Queensland

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.

Features

Business Snapshot

  • Price: $637,000
  • Net Profit: $66,500

Managers Unit

  • Value of Managers Apartment: $439,000
  • Bedrooms: 5

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 38
  • Total Units in Letting Pool: 12
  • Holiday Units: 12
  • Owner Occupy Units: 22
  • Agreement Term Remaining: 23 years

Business Links / Tools

Last updated: 9th May 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Strathpine
State
 Queensland
Price
$637,000
Category
  • Management Rights
  • Property/Real Estate

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