Management Rights: Permanent

Kelvin Grove, QLD : $1,420,000 negotiable

Last update: 08 April 2025.
ThePropertyManager ID 21135836
REF:
Financial Data
Listing Status sold
Price $1,420,000 negotiable
Net Income (explanation) $ 152,757 (actual)
Remuneration (explanation) $ 102,676
Complex Specifics
Location (Read Suburb Profile) Kelvin Grove QLD, 4059
Complex Features
  • Swimming Pool;
  • Manager`s Realestate
    Manager`s Bedrooms 3
    Office Hours No set office hour
    Pets Allowed? 1
    Manager's Realestate Value $ 800,000
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 22 years
    Units in Letting Pool 16

    easy run by one person

    Unique Opportunity! Ideal Property Management Rights in Kelvin Grove City Center.

    Located in Kelvin Grove, Brisbane's inner city suburbs, this exceptional property is 5km from Brisbane CBD and only 17 minutes to Brisbane International Airport. It's walking distance to Kelvin Groove primary school and Kelvin Grove State College. Also close to QUT, Queensland Academies (QACI) and Royal Brisbane Hospital.

    The complex is easy to manage by one person. It's perfect for a small family looking to live together while generating additional income. With a long 22-year agreement, no set office hours. The unit price is valued by management right bank nominated valuer at $800,000. First time on the market for decade, the seller is keen to move on for semi-retire, all reasonable offers will be considered.

    If you're seeking to live in the city centre while ensuring a stable income, this is undoubtedly an ideal opportunity! Contact exclusive agent for more details.

    REF:


    Call Celine Tseng on: 0423566566
    office: 0423 566 566


    Email Celine Tseng

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