Calamvale
Sold
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Management Rights
- 39 Total Units
- Permanent Complex Type
- 30 Letting Pool
- $91,000 Remuneration
- $164,000 Net Profit
- $420,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
LIVE OFF OR ON-SITE. HIGH SALARY!
A handsome Body Corporate salary of $91,000 with 5% annual increases and a great letting pool makes it hard to ignore this Brisbane management rights business netting you $164,000 p.a. Upon entering this whisper quiet, security gated complex you will feel immediately at ease in the tranquil surroundings. The gated community townhouses are spacious 2 storey, 3 bedroom and are terrific for families. Located close to Calamvale Park, the Community College, shops, restaurants and public transport, this South Brisbane business is very popular with tenants always looking to rent. 21 years remaining on management agreements! This business is straight forward to operate and would suit a first time buyer!
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