Reference No: eagle_545119

Price: $2,960,000

Two complexes at Kippa-Ring for sale with low maintenance workload and high income

Kippa-Ring $3,050,406.70
Multiplier: 4.9
Net Income: $480,000
Remuneration: $182,200 ($110,893+$71,307) +GST
Letting Pool: 129
Total Units: 150
Manager Unit Value: Two manager units $399k + $299k
Manager Unit Bedroom: 4 bed + 3 bed
These two townhouse complexes are excellently located within walking distance to shopping centres, schools, and the new Kippa-Ring train station. The rental popularity in this area is increasing due to the train station. Features are as following:
-    Low maintenance workload and no swimming pool to look after;
-    Two manager’s units with two offices; One is 4 bedrooms and the other is 3 bedrooms;
-    NRAS 34 units with AMC;
-    High income $480k annually
Please contact Mr. Robert Lin on 0433-000... (click to show) to obtain further information and discuss this opportunity in detail.
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Price: $2,960,000
Joy Realty
Shop 1, 95 Mains Road,
Sunnybank, QLD, 4109

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Contact: Robert Lin
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