Business Highlights
– High Body Corporate Salary: Annual salary of $267000, representing 80% of net profit, offering a highly stable income structure.
– Salary increases annually in line with CPI, ensuring consistent growth.
– Total annual income: $349,000 Net profit: $333,000
– Purchase includes the business and a separately titled office:
* Business price: $1.64 million
* Office price: $150,000
* Total price: $1.79 million
– high-yield investment opportunity.
Operational Advantages
– Caretaking agreement has no set office hours, no onsite residence requirement, and no gate or CCTV system – making the complex easy to manage.
– Body Corporate covers pool maintenance and part of the gardening costs, resulting in low workload.
Prime Location
– Only 7 km from Brisbane CBD
– Walking distance to bus stops, train station, schools, and parks
– Just a few minutes’ drive to major shopping centres
– Strong rental demand with zero vacancy rate
Key Information
Item Details
Module: Accommodation Module (long-term rentals)
Agreement Term: 25 years (remaining term TBA)
Building Type: Apartments & Townhouses
Building Age: Approx. 15 years
Total Units: TBA
Letting Pool TBA
Amenities Swimming pool + gym
Pet Policy Pets allowed with Body Corporate approval
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