1/17-27 Mulgrave RoadMarsden QLD 4132
Property Details for 1/17-27 Mulgrave Rd, Marsden
Last Listing description (June 2025)
Large Income, Huge Remuneration, Business Only Permanent GEM in Southside Brisbane
Large Business Only Permanent MR with Nett $339,847, Asking $2,158,000
Great Residence House Asking for $650,000, it is optional
- Centrally located in the Leafy suburb of Marsden, Brisbane Southside
- Very well run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 24 years left on a 25 years accommodation module
- Huge manager remuneration $175,228 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence - Optional to Buy
Large standing alone two storey house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Well-presented on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a large and solid management right business in Southside Brisbane, it ticks all your boxes, please book your inspection immediately with Exclusive Agency - NEXT!
Property History for 1/17-27 Mulgrave Rd, Marsden, QLD 4132
- 21 Mar 2025Listed for Sale $2,158,000 MR Business + $650,000 House Optional
- 31 Oct 2024Listed for Sale $2,158,000 MR Business + $650,000 House Optional
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About Marsden 4132
The size of Marsden is approximately 6.1 square kilometres. It has 18 parks covering nearly 11.2% of total area. The population of Marsden in 2016 was 14071 people. By 2021 the population was 14795 showing a population growth of 5.2% in the area during that time. The predominant age group in Marsden is 0-9 years. Households in Marsden are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marsden work in a labourer occupation.In 2021, 44.70% of the homes in Marsden were owner-occupied compared with 44.70% in 2016.
Marsden has 5,323 properties. Over the last 5 years, Houses in Marsden have seen a 137.19% increase in median value, while Units have seen a 149.84% increase. As at 31 December 2025:
- The median value for Houses in Marsden is $851,184 while the median value for Units is $762,344.
- Houses have a median rent of $590 while Units have a median rent of $525.
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