Management Rights: Permanent

Northgate, QLD : $1,750,000

Last update: 06 February 2025.
ThePropertyManager ID 21136012
REF:
Financial Data
Listing Status sold
Price $1,750,000
Net Income (explanation) $ 192,117 (actual)
Remuneration (explanation) $ 127,437
Complex Specifics
Location (Read Suburb Profile) Northgate QLD, 4013
Complex Features
  • Tennis Court;
  • Manager`s Realestate
    Manager`s Bedrooms 3
    Office Hours No set office hour
    Pets Allowed? 1
    Manager's Realestate Value $ 750,000
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 21 years
    Units in Letting Pool 25

    Perfect choice for first-time buyer with large manager unit

    Located in a beautiful and peaceful suburban area, this community is close to train station, schools, retail shops, and public transport facilities. Just 10 km from the Brisbane CBD, and 10 minutes drive to Brisbane Airport, making it ideal for families to live. Also, it's only three express stops to the city, boasting an excellent location that attracts many tenants.

    With a 21-year long agreement and 5% annual remuneration growth, current salary already contribute to 65% of net income. A large manager unit, with three bedrooms, double lock up garages and a spacious office of 28 sqm. This opportunity for a rare and lucrative business is not to be missed. Contact exclusive agent for more details.

    REF:


    Call Celine Tseng on: 0423566566
    office: 0423 566 566


    Email Celine Tseng

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