FOR SALE
$2,685,500

Contact Agent For Address
Redbank Plains QLD 4301

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Exclusive - Prime Location With Excellent Growth - ID 9157

Permanent Management Rights For Sale
High Return Investment Opportunity
Discover an exceptional management rights opportunity in a growing suburb. This offering includes management rights to a well-established complex with a proven track record of high rental demand and efficient operations. With its close proximity to shops and amenities, this investment promises solid returns and long-term growth potential.
- Net Profit: $373,495
- Total Asking Price: $2,685,000
- Management Rights Agreement: 25 years remaining
- Large Letting Pool: Total Units: 95 townhouses with Letting Pool: 87 townhouses
- Operational Efficiency: Efficient systems in place delivering high-quality service
- Low Maintenance: Well-maintained common areas designed for minimal upkeep
- Facilities Included: Pool, gym, and CCTV security system, enhancing tenant satisfaction
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Property Details for Contact Agent For Address, Redbank Plains

Building Type
Commercial
Floor Size
1m2

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About Redbank Plains 4301

The size of Redbank Plains is approximately 18 square kilometres. It has 31 parks covering nearly 9% of total area. The population of Redbank Plains in 2011 was 14,976 people. By 2016 the population was 19,285 showing a population growth of 28.8% in the area during that time. The predominant age group in Redbank Plains is 0-9 years. Households in Redbank Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank Plains work in a labourer occupation. In 2011, 47.5% of the homes in Redbank Plains were owner-occupied compared with 42.2% in 2016.

Redbank Plains has 10,149 properties. Over the last 5 years, Houses in Redbank Plains have seen a 103.32% increase in median value, while Units have seen a 90.78% increase. As at 30 September 2024:

  • The median value for Houses in Redbank Plains is $671,015 while the median value for Units is $499,281.
  • Houses have a median rent of $530 while Units have a median rent of $478.
There are currently 81 properties listed for sale, and 34 properties listed for rent in Redbank plains on OnTheHouse. According to CoreLogic's data, 788 properties were sold in the past 12 months in Redbank plains.

Suburb Insights for Redbank Plains 4301

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Mark Neale
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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.