FOR SALE
$1,399,000

Contact Agent For Address
Nundah QLD 4012

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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High Stable Net with Quality 3-Bedroom Townhouse – ID 9146

Permanent Management Rights for Sale
Close to City with Low Multiplier
- High body corporate salary of $115,114 plus GST with CPI increases each year.
- Net operating profit is around $170,002.
- No set office hours, all permanent rentals with a letting pool of 27 units.
- 25-year long agreement with 22 years remaining.
- Very cooperative and friendly committee and body corporate.
- Genuine retirement of the senior manager, who has established a solid foundation for the new manager to take over and achieve a stable income.
- Additional income opportunities available for a new, young manager.
- Renovated quality townhouse with 3 bedrooms, 2 bathrooms, 1 garage, and 1 car space.
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Property Details for Contact Agent For Address, Nundah

Building Type
Commercial
Floor Size
1m2

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About Nundah 4012

The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2011 was 10,386 people. By 2016 the population was 12,150 showing a population growth of 17.0% in the area during that time. The predominant age group in Nundah is 20-29 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation. In 2011, 43.8% of the homes in Nundah were owner-occupied compared with 40% in 2016.

Nundah has 8,278 properties.

    There are currently 46 properties listed for sale, and 47 properties listed for rent in Nundah on OnTheHouse. According to CoreLogic's data, 510 properties were sold in the past 12 months in Nundah.

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    Contact agent
    Bill He
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    Management Rights Sales Pty Ltd
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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.