A real box ticker - modern, high quality, permanent residential complex in prime city fringe location. Lengthy agreements, strong BC salary, good upside potential and a cracking manager's apartment. This one won't last long!
- 100 unit permanent complex, 60 in letting pool
- Good BC salary of $176,000 (3% annual increase)
- Clean P&L, almost all income from core business
- Lengthy agreements - 22 years
- Modern, well-presented manager's unit
- No set office hours + very managable caretaking duties
- Great location in inner North suburb of Nundah
- Additional income through onsite apartment sales
- Good scope for upside through additional income streams
- Property inspections are by appointment only
