FOR SALE
$1,170,000

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Merrimac QLD 4226

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Prime Management Rights Opportunity in Merrimac: High Income, No Office Hours, and Beautiful 2-Bedroom Townhouse

Ras360 pleased to present the management rights to a prime residential complex located in Merrimac. Established in 1994, this complex comprises 75 units, offering a unique blend of financial stability and lifestyle appeal. This opportunity is ideal for both experienced managers and newcomers to the industry.
Key Features:
- New Standard Module with no office hours
- BC Salary: Over $99,000
- Net Profit: Over $138,000
- Units in Letting Pool: 21
- External Agents: 6
- Owner Occupiers: 48
- Manager's Residence: Beautiful 2-bedroom townhouse
Body Corporate Salary: The management rights come with a lucrative body corporate salary of $99,865, ensuring a stable and predictable income stream.
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Property Details for Contact Agent For Address, Merrimac

Building Type
Commercial

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About Merrimac 4226

The size of Merrimac is approximately 9 square kilometres. It has 12 parks covering nearly 12.9% of total area. The population of Merrimac in 2011 was 6,320 people. By 2016 the population was 7,097 showing a population growth of 12.3% in the area during that time. The predominant age group in Merrimac is 30-39 years. Households in Merrimac are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimac work in a trades occupation. In 2011, 57.1% of the homes in Merrimac were owner-occupied compared with 50.8% in 2016.

Merrimac has 3,012 properties.

    There are currently 22 properties listed for sale, and 11 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Merrimac.

    Suburb Insights for Merrimac 4226

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    Contact agent
    Paul Mueller
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    Kerrie Lush
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    RAAS Property Group
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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.