Management Rights: Permanent

Carindale, QLD : $1,490,000

Last update: 04 July 2025.
ThePropertyManager ID 21156837
REF:
Financial Data
Listing Status current
Price $1,490,000
Net Income (explanation) $ 140,968 (actual)
Remuneration (explanation) $ 110,580
Complex Specifics
Location (Read Suburb Profile) Carindale QLD, 4152
Complex Features
  • Swimming Pool;
  • Manager`s Realestate
    Manager`s Bedrooms 3
    Office Hours no set office hour
    Pets Allowed? 1
    Manager's Realestate Value $ 820,000
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 24 years
    Units in Letting Pool 10

    24 years agreement with 80% remuneration

    Great Location:
    - Just 5 minutes to Westfield Carindale, one of Brisbane’s largest shopping centres
    - Easy access to the Gateway Motorway (M1), it's seamless travel north toward Brisbane city or Sunshine Coast and south to Gold Coast or Ipswich
    - Only 20 minutes to Brisbane CBD
    - Close to a range of highly regarded public school of Belmont primary and private school of Citipointe College.

    Manager's Unit:
    - Features 3 spacious bedrooms, 1 modern bathroom, 1 lock garage with another 3 exclusive use carports
    - Separate access to office and huge storage rooms
    - Perfect for families or couples
    - NO request to live onsite Option to rent out for extra $30k rental income
    - The seller is currently renovating the second bathroom to enhance the overall quality and appeal of the unit.

    Management Rights Business Features:
    - Long 24 year accommodation module agreement remaining
    - $140,968 actual net income that verified by industry accountant
    - $110,580 remuneration that weighted nearly 80% of net income to make business stable and reliable with low risk
    - 4% increase in remuneration every year
    - Single Body Corporate scheme with harmonious and supportive committee members
    - Easy to manage complex that is perfect suits to first-time buyers or semi-retirees

    This well-established and high performing business offers secure, consistent income paired with a spacious and comfortable home in a sought after blue-chip Brisbane suburb. Whether you're planning to live onsite or prefer an offsite arrangement, this opportunity is flexible, easy to manage, and can be run by a single operator. If you're looking for a business that truly ticks all the boxes, don't miss out on this exceptional opportunity. Contact the exclusive agent, Celine, today for more information or to arrange your inspection.

    REF:


    Call Celine Tseng on: 0423566566
    office: 0423 566 566


    Email Celine Tseng

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