Don't miss this chance to secure a modern, well-maintained townhouse complex in the popular south side suburb of Calamvale. Ideal for families seeking a quality property with additional income, or for experienced operators looking for a low-maintenance side business. With minimal caretaking duties and a Body Corporate salary covering more than 86% of net profit, this management rights business offers both stability and potential for growth.
The Manager's Unit boasts three bedrooms, a large study (convertible into a fourth bedroom), two bathrooms, a double garage, and a separate spacious office with its own entrance. The opportunity to increase income is clearby transitioning units currently managed by outside agents back into the onsite letting pool.
This complex operates under a 25-year Caretaking and Letting Agreement, with over 21 years remaining (successfully topped up). Whether you're a first-time buyer or a seasoned investor, this is an exciting and low-maintenance business with solid income prospects.
Reach out today to inquire and secure this unique opportunity before it's gone!
- Easy-to-manage operation with minimal caretaking responsibilities for a single operator.
- Strong Body Corporate salary covering over 86% of the total net profit.
Long-term agreement with 21 years remaining.
No set office hours.
Well-established complex with minimal caretaking; all maintenance equipment provided by the Body Corporate.
Manager's unit includes three bedrooms, a large study, two bathrooms, a double garage, and a separate office on title.
Significant potential for income growth by bringing units managed by external agents back into the onsite letting pool.
Prime location, just a short drive to local amenities, boasting 100% occupancy and a long waitlist in a high-demand rental area.
Inspection available by appointment only.
