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Address available on request Petrie, QLD 4502

Address available on request,
Petrie, QLD 4502

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UNDER CONTRACT- Management Rights - Off The Plan Townhouse Complex

Off the plan development located at Petrie, 29km north of Brisbane City. The development is anticipated to be fully completed by late 2014.
- Stage 1 - Forecast Completion July 2014
- Stage 2 - Forecast Completion December 2014

The development is a modern townhouse estate comprising 46, three-bedroom townhouses including the managers residence, with a maximum of three townhouses in each block.

These high quality affordable residences offer a convenient lifestyle with easy access to an array of shopping, educational and transport facilities.

Each townhouse is a two storey dwelling with three bedrooms and two bathrooms. Each features a single lock-up garage, private courtyards, security screens, stone bench tops and stainless steel appliances in the kitchen - including a gas cooktop - and air conditioning to the living area and master bedroom. There is also ample parking for visitors.

The complex will operate as a permanent letting complex within the Accommodation module of the BCCM legislation. The caretaking and letting agreements are for 25 years as of settlement.

The Body Corporate salary will be $50,600 plus GST (year one) and will be subject to annual CPI increases.

The asking price has been set by the developer using projected nett income information based upon industry standard assumptions.

PRICING
Management Rights - $425,000 +GST
Manager's Lot - $360,000

Property ID: 501300959Last Updated: 17 Nov 2014

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This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
0411 758 2...
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Address available on request
Petrie, QLD 4502
RNR Strata Sales - MILTON
13 Heussler Terrace
MILTON, QLD 4064

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