Located in go-ahead Townsville with potential to increase letting pool & revenue

This is your chance to secure a gated permanent residential community located in the vicinity of the Riverway precinct, a very popular location where events and sporting matches take place.

The complex consists of 70 units, grouped in blocks of seven. There are currently 49 units managed in the onsite letting pool, with a variety of external agents (13), and there is significant scope for the new management to target these letting appointments.

This easy-to-manage business presents as strong netting permanent MLR with comfortable body corporate salary plenty of room to grow.

  • Strong rental location near a shopping centre and sports precinct
  • Comfortable BC salary
  • Blue sky to increase letting pool and revenue
  • 19 years tenure remaining on agreements
  • Easily managed resort
  • Secure resort facilities
  • Nice 2 bedroom, 2 bathroom, affordable manager's residence
  • To be sold under EOI process. Offers to be submitted by 5pm 25th October 2021.
  • Contact agent for further details.
Glenn Millar

Interested? Why not give Glenn Millar a call on 0412 277 804 or