FOR SALE
$600,000

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Lutwyche QLD 4030

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Exclusive Dual Complex Management Rights – Windsor Heights and Kokoro Apartments!

Kokoro Apartments and Windsor Heights - Seize this rare investment opportunity to own the management rights for two premier complexes in prime locations!
- Total Units: 50 across both complexes, with 26 in the letting pool.
- Net Income: $123,184 annually.
- Agreement Terms: 17 years remaining on Windsor Heights agreements, with even longer terms on Kokoro.
- Inspection: By appointment only.
These properties have a steady and substantial net income from the well-managed letting pool. Both complexes are situated in desirable areas, ensuring consistent demand and occupancy. There is no real estate to buy, minimizing initial investment costs. No office hours to maintain, offering flexibility in how you manage the properties. However, there is a small onsite office at Windsor Heights if you wish to use it.
This sale is part of a divestment strategy by a larger group of investors, providing a genuine reason for sale and a unique opportunity for buyers. This is a high-demand opportunity perfect for those looking to enter or expand within the management rights industry. Don’t miss out on this chance to secure a profitable and rewarding business.
Contact the Exclusive Agents:
Malcolm O'Farrell - 0423 091 951 or malcolm@ras360.com.au
Nathan Eades - 0448 993 320 or nathan@ras360.com.au
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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 2,974 properties.

    There are currently 23 properties listed for sale, and 14 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Lutwyche.

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