Ipswich
$4,250,000
4
3
2
Management Rights
- Permanent Complex Type
- 143 Letting Pool
- $255,344 Remuneration
- $558,778 Net Profit
- $750,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
ALL OFFERS CONSIDERED - PROFIT $558K
Developer's stock. First time on the market. We are pleased to offer for sale this outstanding Ipswich Management Rights business. Excellent profitability, flexibility and stability are three key attributes applicable to this modern and extremely well-located residential estate. PROFIT - Netting $558,000 p.a. including a handsome Body Corporate Salary of $255,000 p.a. (ex-GST) demonstrates an outstanding Return On Investment of 13%. FLEXIBILITY - With no requirement to live onsite, the manager may elect to rent out the four-bedroom free-standing villa and secure additional income. The office is separated from the main villa allowing flexible use by offsite manager given office hours are not set. STABILITY - Management Agreements have a healthy remaining term of 22 years. Ipswich is renowned for its high rental demand, therefore ensuring you secure quality tenants. Ideally located, with only a 40-minute drive to Brisbane and an hour to the Gold Coast. Ipswich offers an ideal lifestyle, combining heritage charm with the benefits of a modern, exciting metropolitan lifestyle. Ipswich is amongst the top three fastest growing regions in Queensland with many young professionals seeking high quality residential accommodation such as this. In addition to local State schools, private schooling options are great with Ipswich Grammar, Ipswich Girls Grammar School, St Mary's Primary & College, and St Edmunds College. Avoid disappointment. Seize the opportunity. Contact Bobo today.
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