Address available on request,
Paddington, QLD 4064

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Management Rights - Rare Opportunity!

MANAGEMENT RIGHTS
$1,000,000
This Paddington Medium Rise Management Rights has 49 units in total, letting 35 permanent rentals. Earning a nett income of $200,000 pa. There is no managers unit. Complex amenities include: Pool, gym & BBQ

A rare opportunity to purchase an off site up market & modern Management Rights convenient to Brisbane’s CBD. Caretaking duties are minimal and easily performed by one person. Ideally suited as an addition to an existing Management Rights

Be your own Boss!

This exciting industry enables you to buy a home while earning an income from letting out units and general maintenance such as gardening, mowing and cleaning.

Please note the suburb stated on this property is a generalisation as discretion is required. For more details and area please contact the below.

For more detailed information on this Management Rights listing please call (07) 5592 59..., enquiries@venz.com.au or visit our web site www.venz.com.au.

Paddington, 4064 demographic data

The median household income for Paddington is $2,775, 50% higher than Greater Brisbane's household income of $1,849. Paddington has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 54% of property owners in Paddington have a mortgage.

9,063

Population

$2,775 per week

Median household income

34 years

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