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2015-04-20 22:28:40 | Tech
  • Sold for $600,000

  • Villa 
Sold Date: Fri 31-Oct-14

UNDER CONTRACT

We are proud to present this outstanding gated complex situated in a central location in the Kuraby/Woodridge area.

The business is a Management Rights caretaking contract of the 50 townhouses plus gardens which features a tennis court and swimming pool 28 of which are currently managed for the investor owners. 

BUSINESS 

• Total Income - $113,552.70 per annum (body corporate salary + rent roll income) 

• 28 rentals in rent roll 

• Opportunity to increase rent roll within complex and externally. 

• Additional potential income of up to $41,650 per annum (through 
real estate sales within complex) 

• Opportunity to gain additional income through outside sales and 
advertising. 

• Semi attached office with separate entry 

• Attractive gated complex featuring swimming pool and tennis court.

• Body corporate salary adjusts at 5% per annum 

• No office hours specified in agreements 

• Office Equipment, “walk in walk out” included in sale 

TOWNHOUSE 

• 3 spacious bedrooms 

• Open Plan Living & Dining Areas 

• Kitchen with modern...show more

 
 
  • General Features
  • Property Type:Villa
  • Bedrooms:3
  • Bathrooms:1
  • Indoor Features
  • Built-in Wardrobes
  • Outdoor Features
  • Secure Parking
  • Outdoor Entertaining Area
 

Floorplans & Interactive Tours

Details not provided

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