Beaudesert
$2,090,000
4
3
2
Management Rights
- 78 Total Units
- Permanent Complex Type
- 69 Letting Pool
- $117,304 Remuneration
- $328,200 Net Profit
- $595,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
ESCAPE THE BIG CITY - BE PART OF BEAUDESERT'S GROWTH STORY - 15% ROI !
The Scenic Rim township of Beaudesert is approximately an hour away from both Brisbane and the Gold Coast with real estate prices and rents significantly more affordable. This, combined with the appeal of a semi-rural lifestyle is attracting many people who are moving from the cities to rent or purchase in this growth location. Enjoying family friendly living with Child Care, Primary and Secondary Schools, Aged Care and Medical Services. All centered around a vibrant town with plenty of quality shopping, cafes, and restaurants. This well presented six-year-old Townhouse complex has 78 Lots with strong Interstate Investor involvement and 69 rentals. The same developer built 19 houses in a nearby subdivision which are also under management. Duties are straight forward, no set office hours, with minimal facilities - swimming pool only. The spacious, well-presented manager's home is stand alone with 4 Beds, 2.5 Baths, Double Garage and Office attached. Agreements have 22 years to run. This business and property show an overall return on total investment of over 15%. Current Managers have been involved since day one and are now looking forward to retirement. Business $1,495,000 Real Estate $ 595,000
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