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

$2,960,000· (For Sale)
  • Kippa-Ring MR

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 0433-000-888 to obtain further information and discuss this opportunity in detail.

Location

Robert Lin

Principal, MREIQ

0433000888

Robert is the Principal of Joy Realty and a Full Licensed Agent. Having owned investment properties and management rights business in Brisbane Southside for the past 10 years, Robert knows what it is that clients expect from their agents first-hand, and you can be rest assured that he delivers. Robert specialises in marketing management rights and land & acreage properties, and is closing in on $50,000,000 in sales as of October 2012. Believing in determination, persistence and good old fashi...

Contact