Sold

Near New Townhouse Complex With $300k+ Income and Long Term Agreements

Presenting to market this fantastic near new complex with a very manageable caretaking workload. This complex has 82 units in the letting pool (all permanent) and could easily be run by a husband & wife management team. With 22 years remaining on the agreements which are Gallery Vie compliant, this is a brilliant opportunity in an area with very few new buildings.

Great tenants and a helpful Body Corporate, this an outstanding Management Rights business in a great bayside location!

  • Outstanding rental pool – one of only two new townhouse complexes in Wynnum Manly  -  have your pick of the tenants in the market
  • Long agreements with 23 years remaining - Gallery Vie compliant
  • Solid body corporate salary, granted 10% salary increase last year with committee recommendation
  • No requirement for the manager to reside onsite
  • Large office on title with additional back office.  Also garden shed and workshop for managers use.

 

NB: Property inspections are by appointment only

Gareth Closter

Interested? Why not give Gareth Closter a call on 0423 182 766 or