Key Investment Insights
1. Two adjoining permanent complexes with potential for growth and expansion.
2. Located in the heart of Carrara, close to schools, shopping, and transportation.
3. Spacious and comfortable 3 bedroom, 2 bathroom manager's townhouse.
4. Separate "On Title" reception/office.
5. Secure parking bay.
6. Net profit of $204,900 and remuneration/body corp salary of $177,100.
7. Manager's apartment valued at $380,000.
8. Complex type is permanent with 124 total units.
9. Majority of units are owner-occupied.
10. BBQ area available for residents.
Management Rights Multiplier: 4.59
ROI Estimate: 21.80%