RAAS introduces Montecute, a business only in Toowoomba, QLD.
25-year Caretaking and Letting agreement, with no set office hours and no real estate to purchase.
The Complex has started construction and is 100% sold out with a projected letting pool of thirty-three units based on current investor sales.
Montecute will attract strong tenant demand due to the area's limited supply of new townhouses.
This stunning complex occupies a prominent position on Drayton Road, Harristown, just moments away from all the essential amenities of this vibrant country suburb with proximity to schools, cafes, and parks.
Luxe open-plan layouts provide expansive living with an entertainment area, sophisticated kitchens with premium fittings, stylish bedrooms, and elegant bathrooms. On-site facilities include a BBQ facility and open spaces. Montecute offers its residents a beautiful life balance where city convenience meets country tranquillity. Montecute is a fantastic, permanent MLR business in a hot spot location.
An excellent choice for an established operator to add to their growing property business portfolio.
Financials
Body Corporate Salary: $39,600
Management Unit
Complex Overview
Complex Type / Module: Off The Plan
Total Units Inside Letting Pool: 33
Total Units in Complex: 33
Outside Agent: 3
Agreement Term: 25
Years to Run: 25