CARETAKING ONLY - BUY AND EARN
-Total Asking price of $550k which includes stylish 3 bed ensuite plus attached office
-BC salary over $33k
-Managers unit has had valuation completed at $510k
-Caretaking and letting agreement included in sale price.
-6 units in letting pool which can be included if desired.
This really is the ideal buy. Purchase a 3 bed managers unit close to shops and amenities & the Cotton Tree lifestyle overlooking parkland and earn an income of $33k being the BC salary for looking after the easy-care grounds and pool. Exclusively listed by Australian Resort Management Sales.
Remuneration / Body Corp Salary: $33,294Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $510,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Ground floor 3 bed managers main with ensuite and private patio area, residence with air con in living. Refurbished to a stylish and modern look and includes separate office and a paved private patio area with room to move for your small pet
Complex InformationComplex Type: n/aTotal Units in Complex: 19Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesWIFI: Yes
Key Investment Insights1. The asking price for this business is $550k, which includes a stylish 3 bed ensuite unit and an attached office.
2. The business has a BC salary of over $33k, which is earned by taking care of the easy-care grounds and pool.
3. The manager's unit has been valued at $510k.
4. The sale includes the caretaking and letting agreement.
5. There are only 6 units in the letting pool, but they can be included in the sale if desired.
6. The location of the managers unit is close to shops and amenities, as well as the Cotton Tree lifestyle.
7. The unit overlooks parkland, providing a peaceful and scenic view.
8. The business is listed exclusively by Australian Resort Management Sales.
9. The body corp salary is reviewed annually and is subject to CPI increases.
10. The managers unit has 3 bedrooms, 2 bathrooms, and 1 car space.
11. The unit also includes a separate office and a private patio area.
12. Pets are allowed in the unit.
13. The complex has a total of 19 units and is of the standard agreement module.
14. The agreement term is 10 years, with 7 years remaining.
15. The complex has a pool and WIFI for residents to enjoy.