FOR SALE
$580,000

Contact Agent For Address
Andergrove QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 20m2
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Exclusive - 1.86 Multiplier with 3-Bedroom Residence – ID 9144

Retirement Village Management Rights for Sale
No Facilities - What a Bargain for Quick Return!
- No set office hours.
- No pool, BBQ, or facilities to maintain, meaning the manager's workload is limited to minimal garden maintenance.
- Body corporate salary of $86,376 plus GST.
- Net operating profit of $123,438.
- All permanent rentals with a letting pool of 35 out of a total of 38 units, with 1 managed by an outside agent.
- Long-term agreement of 20 years, with 18 years remaining.
- Large manager’s residence with 3 bedrooms, 2 bathrooms, and 1 car park.
- Manager's exclusive use office of 20 square meters.
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Property Details for Contact Agent For Address, Andergrove

Building Type
Commercial
Floor Size
20m2

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About Andergrove 4740

The size of Andergrove is approximately 8.5 square kilometres. It has 23 parks covering nearly 8.8% of total area. The population of Andergrove in 2011 was 9,372 people. By 2016 the population was 9,433 showing a population growth of 0.7% in the area during that time. The predominant age group in Andergrove is 0-9 years. Households in Andergrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Andergrove work in a trades occupation. In 2011, 65% of the homes in Andergrove were owner-occupied compared with 61.1% in 2016.

Andergrove has 4,492 properties.

    There are currently 41 properties listed for sale, and 16 properties listed for rent in Andergrove on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Andergrove.

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    Contact agent
    Bill He
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    Management Rights Sales Pty Ltd
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.