FOR SALE
$999,000

140 Baringa Street
Morningside QLD 4170

Bedrooms: -
Bathrooms: -
Car spaces: -
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Down Town Morningside

Owner has committed elsewhere
The current caretaker has been in position for just 8.5 years and enjoys a very positive relationship with the Body
Corporate, the Committee and Owners alike. Rental demand is always high for the complex and vacancies are easily
filled when they arise as the owners maintain their properties to a high standard. There is 22 years to run on the 25
year agreement, with this being topped up a the AGM in 2020. There are currently both gardening and pool
maintenance contractors in place.
You can continue with these service providers or take over and complete these duties yourself. Current caretaker
salary is $77,615
This complex requires the caretaker to reside in the assigned lot and be on site during the hours stated of ,8am to
5pm Monday to Friday and 8am to 1130am Saturday. The current caretaker uses Property Me Software and all
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Property Details for 140 Baringa St, Morningside

Building Type
Commercial

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About Morningside 4170

The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.

Morningside has 6,445 properties.

    There are currently 24 properties listed for sale, and 24 properties listed for rent in Morningside on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Morningside.

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    Robert Collins
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    RAAS Property Group
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