Beaudesert
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Management Rights
- 78 Total Units
- Permanent Complex Type
- 67 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
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 67 rentals. The same developer built 18 houses in a nearby subdivision which are also in the manager's letting pool. Duties are straight forward, with no set office hours and 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. The agreements have 21 years to run. This solid business shows a Net Profit of $328,203 (including a Body Corp salary of $117,304) and offers an impressive overall return on total investment. The current Managers have been involved since day one and are now looking forward to retirement, they will provide incoming new managers with full training to ensure a smooth transition.
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