An excellent management rights business located in the fast growing suburb of Nundah.
There is excellent access to buses, trains and major arterial roads and the suburb is adjacent to multiple shopping and entertainment precincts. There is unrivalled access to parks, sporting clubs and bikeways. Nundah is also conveniently under 60 minutes to both the Gold and Sunshine Coast.
Moda Melton is superbly located and is a well-appointed three story walk up apartment complex.
The Moda Melton complex and management rights have a total of 77 units, 27 of which are in the letting pool. The grounds are easy care and there is a ride on mower to mow the grass area at the top of the complex. There is an amazing two bedroom managerâs unit which comes complete with a very large office.
The Moda Melton caretaking and letting are currently managed by a couple except for a small amount of cleaning. The income is very good with loads of room to improve if you are prepared to do basic maintenance. There is also the option to sell units if you have a sales licence.