Key Investment Insights
AI generated. Confirm details with the seller.
1. No requirement to live on-site, providing flexibility for the caretaker.
2. No stated hours, allowing for a more relaxed working schedule.
3. Small and easy manageable complex, making it a low-stress job.
4. Well worth an inspection, indicating potential for a profitable business.
5. Net profit of $28,600, providing a steady income for the caretaker.
6. Remuneration/Body Corp Salary of $14,600, adding to the overall income.
7. Managers unit valued at $100,000, providing potential for a return on investment.
8. Office on title, making it convenient for the caretaker to manage the complex.
9. Complex type is permanent, providing a stable and consistent rental pool.
10. Total units in complex is 12, indicating a small and close-knit community.
11. Total units in letting pool is 7, providing potential for growth and expansion.
12. Owner occupy units is 1, indicating a high demand for rental units in the complex.
13. Outside agent units is 4, providing potential for the caretaker to increase the rental pool.