Management Rights: Permanent
Graceville, QLD: $ 1,850,000

Last update: 24 June 2010.
| ThePropertyManager ID 3561624 | |
| REF: | |
| Financial Data | |
|---|---|
| Listing Status | under offer |
| Price | $ 1,850,000 |
| Net Income (explanation) | $ 251,577 (actual) |
| Remuneration (explanation) | $ 120,784 |
| Complex Specifics | |
| Location (Read Suburb Profile) | Graceville qld, 4075 Australia |
| Complex Age | 10years |
| Complex Features | |
| Manager`s Realestate | |
| Manager`s Bedrooms | 4 |
| Manager`s Unit Features | |
| Office Hours | No set office hours |
| Pets Allowed? | no |
| Manager's Realestate Value | $ 545,000 |
| Letting Rights | |
| Agreement Term | 25 years |
| Agreement Remaining | 25 years |
| Total Units | 90 |
| Units in Letting Pool | 54 |
| Outside Agents | 2 |
| Owner Occupiers | 34 |
Superb Complex 500m to Brisbane River
Excellent complex situated only 7.5km from the Brisbane CBD. Set amongst 9 acres of landscaped gardens. Comprises 90 Townhouses and villas all established as permanent residential letting. Superior 4 bedroom and 2.5 bathroom managers residence. Facilities include 3 BBQs, 15m pool, security parking and foxtel. Significant body corporate salary of $120,784 + GST. 25 Year agreements as of 2010. This complex has the sought after combination of a large income, quality residence, peaceful surroundings, yet close to every amenity. Don't Delay!!!
Nett Income: $251,577
TOTAL PRICE: $1,850,000
Please contact Mike Ferris on 07 3369 7200 for further information.
A completed sustainability declaration for this property can be obtained by contacting the agent.
REF:
Property Listed By: RnR Strata Sales
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