EXCLUSIVE TO CRE BROKERS. The complex was built in 2018 and has been set up to run like a Swiss clock by very experienced Managers.
38 townhouses in the letting pool with an additional duplex unit nearby. The landscaped grounds require minimal upkeep and office duties are usually on an as required basis. The quiet location and catchment area for tenants makes the complex popular and vacancies are normally filled quickly. Be quick to inspect.
MANAGER'S RESIDENCE : 4 bedroom, 2 bathroom free-standing townhouse with double garage and covered carport. The office is on title to the house.
TOTAL NUMBER OF UNITS : 40
UNITS IN LETTING POOL : 38 + 1 remote duplex
NET PROFIT : $125,000
REAL ESTATE PRICE : $495,000
BUSINESS PRICE : $581,250
TOTAL ASKING PRICE : $1,076,250
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Gold Coast/Brisbane