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Sold for $600,000
- Villa
3
1
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