Griffin
$3,900,000
3
3
2
Management Rights
- Permanent Complex Type
- 105 Letting Pool
- $281,838 Remuneration
- $549,000 Net Profit
- $650,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
$549K NET PROFIT - $281K SALARY
We are delighted to offer this highly sought-after, beautifully manicured estate which represents a rare opportunity to acquire a modern, quality townhouse development, just 25 minutes from Brisbane's CBD. Surrounded by lush parkland, this residential Management Rights business provides an exceptional lifestyle and investment opportunity, with a solid and stable rental pool and year-round occupancy of high calibre, long term tenants. With an impressive Body Corporate Salary of over $281,000 p.a. (ex-GST), representing over 50% of total net profit, this business is both profitable and secure. The supportive Body Corporate Committee is dedicated to a smooth transition, with the current onsite team, available to stay on if desired by the incoming manager. This thriving business is ideal for an experienced, self-motivated couple or business partners looking for a rewarding and flexible opportunity. Included in the package is a three-bedroom, 2-bathroom, double garage standalone villa with an attached office and a spacious backyard-perfect for both work and relaxation. All of this is available for the attractive price of $650,000! The estate is ideally located with convenient access to public transport, schools, shopping centres, and an array of local amenities. Just minutes away from Westfield Northlakes, IKEA, Costco, Events Cinema, and a variety of dining options. This is the perfect place to live, work and play. Call me now. Do not delay!
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