FOR SALE
$2,190,000

Contact Agent For Address
Carrara QLD 4211

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
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Earn Up to $240K with Stable, High Income & 2 Units - ID 9138

Permanent Management Rights for Sale
Over Two-Thirds Net Income from BC Salaries Plus Additional Rental Income
- High body corporate salaries totaling $152,606 plus GST, split between $77,564 and $75,042, with annual increases either by CPI or 1.5%, whichever is higher. This total remuneration makes up more than two-thirds of the net profit, securing a stable income for you.
- High net operating profit of approximately $205,683, with an additional $35,000 in rental income from one of the manager's units, totaling up to $240,000.
- Manageable workload with flexible pacing and no set office hours.
- Low multiplier of only 3.69.
- All rentals are permanent, with 24 units in the letting pool out of a total of 93 units, showcasing significant potential for growth in both rental and sales.
- Long-term 25-year agreements with 17 and 19 years remaining.
- The sale includes two manager’s units:
- One 3-bedroom double-story townhouse featuring 1 bathroom, an extra toilet, a garage, and a 35 square meter office with a large courtyard.
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Property Details for Contact Agent For Address, Carrara

Building Type
Commercial
Floor Size
200m2

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About Carrara 4211

The size of Carrara is approximately 13.8 square kilometres. It has 19 parks covering nearly 26.3% of total area. The population of Carrara in 2011 was 11,568 people. By 2016 the population was 12,040 showing a population growth of 4.1% in the area during that time. The predominant age group in Carrara is 50-59 years. Households in Carrara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrara work in a professional occupation. In 2011, 66% of the homes in Carrara were owner-occupied compared with 67.6% in 2016.

Carrara has 6,309 properties. Over the last 5 years, Houses in Carrara have seen a 88.90% increase in median value, while Units have seen a 75.12% increase. As at 31 July 2024:

  • The median value for Houses in Carrara is $1,134,709 while the median value for Units is $805,182.
  • Houses have a median rent of $823 while Units have a median rent of $730.
There are currently 62 properties listed for sale, and 21 properties listed for rent in Carrara on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Carrara.

Suburb Insights for Carrara 4211

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Bill He
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Management Rights Sales Pty Ltd
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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.