Business For Sale Solid Income with high potential income increase
Management Rights
2 complexes close to each other, built in 2016, 31 units in 1 and 22 units in the other.
These complexes are easy to manage and maintain with fixed tenancies. Could easily be managed by 1 one person. No onsite residence is required. There is no specific office or office hours so you can manage your own time.
The income reflects the Body Corporate Renumeration. There is an opportunity to take on approx. 20 property management agreements upon settlement increasing your income significantly immediately.
The complexes are located in an affluent position in the Ipswich Region.
Body Corporate Renumeration: $53,000 plus gst plus 3% increase per year
Asking Price: $230,000
Offers encouraged
Please contact me for further information and arrange an inspection.
The size of Sadliers Crossing is approximately 0.9 square kilometres. There are 3 parks, covering nearly 6.2% of the total area. The population of Sadliers Crossing in 2016 was 1366 people. By 2021 the population was 1358 showing a population decline of 0.6% in the area during that time. The predominant age group in Sadliers Crossing is 10-19 years. Households in Sadliers Crossing are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sadliers Crossing work in a professional occupation.In 2021, 67.30% of the homes in Sadliers Crossing were owner-occupied compared with 68.60% in 2016.
Sadliers Crossing has 615 properties. Over the last 5 years, Houses in Sadliers Crossing have seen a 120.95% increase in median value, while Units have seen a 153.56% increase. As at 30 June 2026:
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