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Management Rights: Permanent

Griffin, QLD : $2,365,520

Last update: 29 July 2024.
ThePropertyManager ID 21127192
REF:
Financial Data
Listing Status sold
Price $2,365,520
Net Income (explanation) $ 308,636 (actual)
Remuneration (explanation) $ 156,923
Complex Specifics
Location (Read Suburb Profile) Griffin QLD, 4503
Complex Features
  • Swimming Pool;
    		•
    Manager`s Realestate
    Manager`s Bedrooms 3
    Office Hours no set office hour
    Pets Allowed? 1
    Manager's Realestate Value $ 560,000
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 24 years
    Units in Letting Pool 65

    over 300k net with 24 years agreement

    - Located in a great Brisbane northern suburb
    - Top up to a full term of 25 years in 2023.
    - Over 300k net income. Golden Ratio of 50% remuneration and 50% from letting pool.
    - Large 3-bedroom manager units and the agreement do not request to live onsite.
    The current manager unit is rented out for extra rental income which is not included in the current net profit.
    - Modern Complex with less common area green works.
    - Easy to maintain by a couple team.
    - Contact exclusive agent, Celine Tseng for further information or book your inspection.

    REF:


    Call Celine Tseng on: 0423566566
    office: 0423 566 566

    Email Celine Tseng

    410

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