Key Investment Insights
AI generated. Confirm details with the seller.
1. Low-maintenance caretaking job with minimal grass to mow, elevators, and garden care covered by body corporate.
2. Focus on keeping complex clean and tidy.
3. Secure body corporate salary of $153,758 + GST.
4. 26 permanents out of 100 units in letting pool, with potential for rental and commission growth.
5. Spacious 1-2 bedroom units with large lounge and practical balcony.
6. Separate exclusive-use ground-floor office space.
7. Abundant storage options.
8. 25-year agreement with 22 years remaining and strong committee support.
9. High net operating profit of approximately $190,000 + Salary GST.
10. Manager selling due to personal reasons.
11. Asking price of $1,450,000, including Manager's Unit.
12. Opportunity for greater rewards with minimal effort and flexible hours.