HILLCREST QLD 4118
$1,260,000

DESCRIPTION

New listing with RAASRights this Philip Usher built 5 year old complex comprises of 60 townhouses with 54 in the Managers rental pool. 20 of the units are rented under the NRAS scheme. The Vendor has direct control of the NRAS properties by having signed Agreements with the individual owners.
The Body Corporate owns the equipment used in the caretaking of the complex.
This is an ideal business in a quiet location with a reasonable workload easily handled by a 2 person team and still have time for outside interests.
The Vendors have set the business up to run like clock-work and are looking to retire after several years in the industry. A five year top of the Agreements was granted last year extending the term until 2041. Excellent security over your business.
Net income has been provided by Industry Accountant.
If this house and business is what you are looking for an early inspection is recommended.
For more information on this complex please call your RAASRights Broker or Jim Prentice Reveal Phone or E. Send Message

Walking distance to bus stop.
Close to Browns Plains shopping Plaza and local commercial hub.
Medium-load caretaking duties.
Low maintenance asphalt roadways.
Grassed playing areas for children.