FOR SALE
$575,000 - Business Only

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Lutwyche QLD 4030

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Prime Dual-Complex Management Rights Opportunity – Windsor Heights & Kokoro Apartments

Seize this rare chance to acquire the management rights to two premier complexes – Kokoro Apartments and Windsor Heights – located in prime, high-demand areas.
- Total Units: 50 across both complexes, with 26 in the letting pool.
- Annual Net Income: $123,184.
- Agreements: 17 years remaining on Windsor Heights, with extended terms for Kokoro.
- Inspection: By appointment only.
These complexes offer a steady, lucrative income stream from a well-managed letting pool. Situated in desirable locations, they enjoy strong occupancy rates. The properties feature easily maintainable gardens and grounds, adding to the appeal for tenants and reducing your management workload. With no real estate purchase required, your initial costs are low, and the absence of mandatory office hours provides flexibility. Windsor Heights also includes a small onsite office, should you wish to use it.
Part of a larger group’s divestment strategy, this sale presents a genuine opportunity for investors looking to enter or expand in the management rights industry.
Opportunities like this don’t come around often – act now to secure a profitable, easily managed business with significant potential!
**Ras360 – Experts in Management Rights | Motels | Hotels | Pubs | Parks**

Property Details for Contact Agent For Address, Lutwyche

Building Type
Commercial

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About Lutwyche 4030

The size of Lutwyche is approximately 0.9 square kilometres. It has 9 parks covering nearly 11.8% of total area. The population of Lutwyche in 2011 was 2,801 people. By 2016 the population was 3,463 showing a population growth of 23.6% in the area during that time. The predominant age group in Lutwyche is 20-29 years. Households in Lutwyche are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lutwyche work in a professional occupation. In 2011, 39.1% of the homes in Lutwyche were owner-occupied compared with 34.2% in 2016.

Lutwyche has 2,996 properties. Over the last 5 years, Houses in Lutwyche have seen a 52.54% increase in median value, while Units have seen a 79.68% increase. As at 30 November 2024:

  • The median value for Houses in Lutwyche is $1,392,155 while the median value for Units is $697,740.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Lutwyche.

Suburb Insights for Lutwyche 4030

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Malcolm O'Farrell
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Nathan Eades
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RAAS Property Group
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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.