Near New, Large Permanent Management Rights in Queensland Growth Corridor
Incredible (and rare) opportunity to purchase the management rights to a high quality townhouse complex that only opened in 2016. The developer has secured all letting appointments and tenanted all apartments - so this near new complex is presented to the market as a fully established business!
- Near new 111 x 3 bedroom townhouse complex in growth corridor of Ipswich
- Almost all units managed in on-site letting pool – only one owner occupier, five outside agents
- Very clean P&L - only based on BC salary and letting income
- Good scope to implement additional income streams and grow bottom line.
- 22 years remaining on caretaking and letting agreements.
- Great value / high quality 3 bedroom, 2 bath, 2 car park manager’s residence ($345,000)
- Potential of current contracted on-site caretaking staying on to create passive investment
- $280 K Net Profit
- Call Nathan Eades on 0448 339 920 or Alex Cook on 0467 600 610 or for more details
NB: Property inspections are by appointment only