Cairns North, Queensland

Top permanent letting business in Cairns

$850,000

Property Description

Excellent permanent Letting complex in Redlynch, Cairns.
Close to Redlynch Central Shopping Centre and Crystal Cascades for swimming.
One bedroom villas & two bedroom apartments set within an inviting village ambience.
Very large Manager's Apartment, immaculately presented.
Top Agreements with 23 years to run and good $82,500 salary.
Excellent relationship with Body Corporate committee.
Price includes 20 additional outside rentals netting $23,000.
Easy one person property management.

Contact Calvin for further information.

Property Summary

Business Snapshot

Price: $850,000 Net Profit: $112,000 Remuneration / Body Corp Salary: $82,500Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Large 3 bedroom, 2 bathroom apartment (166m2). Spacious balcony & courtyard area. Front and admin office on title.

Complex Information

Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 25Permanent Units: 25Owner Occupy Units: 19Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesBBQ Area: Yes
Marketing Agent
Calvin Bailey
Calvin Bailey

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Listing location
Gallery

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