Fantastic Management Rights within walking distance to Shopping Centre
Forest Lake

$1,300,000· (For Sale)
  • Forest Lake
  • Forest Lake
  • Forest Lake

Net Income: $150,930
Remuneration: $99,078
Manager Unit: $250,000 + $300,000 = $550,000
Letting Pool: 34+ 6 outside lettings = 40
Total Units: 83


- Two apartment complexes combined for sale
- Located in the heart of the Forest Lake community and close to all amenities, easy access to all the major roads
- Total 83 apartments including 2 Manager Units, 34 + 6 outside lettings in letting pool
- You could live in one manager unit with 3 bed, 2 bath, double garage and rent out the other manager unit for extra income
- Attached offices with lots of storage
- Shopping centre next door making it very popular with tenants
- No BBQ areas to constantly maintain
- Very low complex maintenance required
- No set office hours
- Long agreement with supportive committee
- Perfect for both new or experienced buyers
- Currently owner has operated in the complex for more than 10 years which makes it an excellent and stable business

Please contact Robert Lin 0433 000 888 for further information.


Robert Lin

Principal, MREIQ


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 20 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 2021. Believing in determination, persistence and good old fashio...


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