45 Nyanza Street, Woodridge QLD 4114

We are proud to present this outstanding gated complex situated in a central location in the Kuraby/Woodridge area.

The business is a Management Rights caretaking contract of the 50 townhouses plus gardens which features a tennis court and swimming pool 28 of which are currently managed for the investor owners.

BUSINESS

• Total Income - $113,552.70 per annum (body corporate salary + rent roll income)

• 28 rentals in rent roll

• Opportunity to increase rent roll within complex and externally.

• Additional potential income of up to $41,650 per annum (through
real estate sales within complex)

• Opportunity to gain additional income through outside sales and
advertising.

• Semi attached office with separate entry

• Attractive gated complex featuring swimming pool and tennis court.

• Body corporate salary adjusts at 5% per annum

• No office hours specified in agreements

• Office Equipment, “walk in walk out” included in sale

TOWNHOUSE

• 3 spacious bedrooms

• Open Plan Living & Dining Areas

• Kitchen with modern appliances

• Large fully fenced and private courtyard

• Undercover entertainment area

• Separate office with separate entry

This complex represents a great opportunity for a couple to purchase, manage and further increase the existing income streams in an emerging location of Logan City.

One person can successfully manage this complex in normal working hours