FOR SALE
$1,999,800

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Arundel QLD 4214

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GREAT LOCATION - GREAT RETURN ON INVESTMENT

Highly desirable, well presented Gold Coast Management Rights. These residential townhouses are ideally situated, offering a lifestyle to match.
Walking distance to the esteemed AB Paterson College and Lakeside's 9-hole golf course. Harbour Town Shopping Centre and Westfield Shopping Town are just down the road.
Resident's resort style facilities include pool, BBQ recreation area and secure entry gates.
You are just 7km from major theme parks and world class beaches. Surrounded by an abundance of park reserves, walkways, bike tracks, play parks, and easy commuting to Brisbane via the M1 motorway.
Manager's real estate is a roomy 2-bedroom townhouse with the option of converting back to original 3-bedroom configuration if desired. Two bathrooms, double garage, private rear courtyard, and office attached with separate entry; all make for a very liveable family environment.
An attractive business to real estate ratio puts you in the driver's seat financially, with real estate, including on-site office, an affordable $700,000. A substantial net profit of $250,000 p.a. incorporates a generous Body Corporate Salary of $160,000 (ex-GST).
Management Agreements have over 20 years to run with no set office hours and a supportive Body Corporate Committee.
These rental properties are always in high demand enabling a continued high standard of tenants in the letting pool.
Top location with very solid income. Be quick!
Call me to arrange an exclusive inspection.

Property Details for Contact Agent For Address, Arundel

Building Type
Commercial

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About Arundel 4214

The size of Arundel is approximately 10.3 square kilometres. It has 22 parks covering nearly 29.9% of total area. The population of Arundel in 2011 was 9,573 people. By 2016 the population was 10,242 showing a population growth of 7.0% in the area during that time. The predominant age group in Arundel is 50-59 years. Households in Arundel are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arundel work in a professional occupation. In 2011, 64.2% of the homes in Arundel were owner-occupied compared with 65.9% in 2016.

Arundel has 5,199 properties.

    There are currently 35 properties listed for sale, and 12 properties listed for rent in Arundel on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Arundel.

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