NEXT Realty presents a great opportunity of two permanent management rights with a distance of appr. 15 minutes riding
Large Net Profit $329,820 in total, verified by Industry Specialist Accountant to December 2023
Two Manager Lots/townhouses associated at $1,220,000 upon latest valuation by industry specialist valuer in Jan 2024
- Complex very popular with tenants
- 20+ Long agreements on contracts
- Spacious separate office, no set office hours
- Small letting pool (40 lettings) to give you an undisturbed lifestyle
- Fantastic Body Corporate salary $247,957, with annual increase by 3% or CPI
- Very well-run complex and well-established/steady business, all procedures documented
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This is a rare opportunity to purchase such a beautiful lifestyle permanent management rights! Come and take a look, we are sure you will be impressed!
The size of Sinnamon Park is approximately 3.1 square kilometres. There are 14 parks, covering nearly 16.7% of the total area. The population of Sinnamon Park in 2016 was 6419 people. By 2021 the population was 6590 showing a population growth of 2.7% in the area during that time. The predominant age group in Sinnamon Park is 40-49 years. Households in Sinnamon Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sinnamon Park work in a professional occupation.In 2021, 80.60% of the homes in Sinnamon Park were owner-occupied compared with 81.20% in 2016.
Sinnamon Park has 2,348 properties. Over the last 5 years, Houses in Sinnamon Park have seen a 85.77% increase in median value, while Units have seen a 94.44% increase. As at 30 April 2026:
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