Address available on request,
Algester, QLD 4115
Management Rights EOI over $1,395,000
Key property information
UNDER CONTRACT - ESTABLISHED MANAGEMENTS RIGHTS FOR SALE IN ALGESTER BY EXPRESSIONS OF INTEREST - 1P4298MR
Currently over 60% of the units are in the rental pool and the location makes renting relatively easy. The complex was repainted and gardens re-mulched during 2017/18.
Financial figures showing a net income of $192,000 are available upon application. Step right up and book your inspection now. BE QUICK, NOT SORRY.
TOTAL NUMBER OF UNITS: 68
UNITS IN LETTING POOL: 44
MANAGER'S RESIDENCE: Free-standing 4 bedroom, 3 bathroom townhouse with double garage and office attached. Outdoor covered patio and large private backyard.
NET PROFIT : $192,000
REAL ESTATE PRICE : $525,000
TOTAL ASKING PRICE : EOI over $1,395,000
Property ID: 503367986Last Updated: 4 Feb 2020