Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite
Southside Gem - 200K Net, No Need to Live Onsite

Southside Gem - 200K Net, No Need to Live Onsite

$1,659,000Sold

A wonderful opportunity presents itself in one of Brisbane's southside suburbs. This low maintenance management rights and full sized family home is located in the wonderful suburb of Kuraby. There is the opportunity to live offsite and earn extra rental income.

Key Features

  • No requirement to live onsite
  • Net income of $204,631 including projected rental income of $33,800 
  • 72% of properties in letting pool
  • Long term agreements of 17 years and 6 months
  • Spacious & modern 5 bedroom townhouse plus office on title
  • A beautiful complex that attracts a high calibre of tenant
  • Opportunity to grow income with a hands on operator
  • Very low occupancy rates

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB004726
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Kuraby
Sale Type: Management Rights - Business only
Net Profit: $170,561
Price: $1,659,000

Listing Agent(s)