7/14 Le Grand StreetMacgregor QLD 4109
Property Details for 7/14 Le Grand St, Macgregor
Last Listing description (February 2024)
Calling for Single Operator - Extremely Easy Care Permanent Management Rights | Resort Brokers ID : MR007935
Situated in the highly desirable southside suburb of MacGregor, ResortBrokers are delighted to exclusively present to the market this outstanding opportunity to purchase the permanent Management Rights with a strong Body Corporate salary that counts for more than 65% of the total income.
Currently managed by a single operator, the workload is very manageable with NO facilities to maintain (no pool, no BBQ, no gym), only minimal gardens to be maintained. No set office hours - the incoming manager can enjoy the freedom and flexibility to suit their lifestyle.
This well-maintained permanent apartment building complex presents as a solid business suitable for a first-time buyer looking to secure a stable low-maintenance business or a savvy operator to run as a side business.
The current manager successfully topped up the agreement terms with 24 years remaining with full support from the body corporate.
- No set office hours
- Long agreement terms - 24+ years
- Beautiful 3 bedroom 2 bathroom 2 carpark spaces plus a separate spacious office
- Strong and consistent letting pool
- Easy to run with manageable caretaking duties for a single operator
- Located in highly sought-after southside area with high rental demand
- Upside potential through additional income streams
- Suitable for either first time buyer or experienced operator to secure an extremely low maintenance MLR
- Property inspections are by appointment only
Property History for 7/14 Le Grand St, Macgregor, QLD 4109
- 25 Sep 2023Listed for Sale $1,090,067
- 09 Feb 2023Listed for Sale $1,139,000
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About Macgregor 4109
The size of Macgregor is approximately 2.7 square kilometres. It has 4 parks covering nearly 15.5% of total area. The population of Macgregor in 2016 was 5844 people. By 2021 the population was 5980 showing a population growth of 2.3% in the area during that time. The predominant age group in Macgregor is 20-29 years. Households in Macgregor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macgregor work in a professional occupation.In 2021, 61.20% of the homes in Macgregor were owner-occupied compared with 64.60% in 2016.
Macgregor has 2,285 properties. Over the last 5 years, Houses in Macgregor have seen a 111.36% increase in median value, while Units have seen a 106.23% increase. As at 31 March 2026:
- The median value for Houses in Macgregor is $1,615,595 while the median value for Units is $792,398.
- Houses have a median rent of $750 while Units have a median rent of $590.
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