Redlynch, Queensland

Cairns Tropical Permanent Letting

$850,000

Property Description

• Excellent permanent letting complex in a delightful, sought-after suburb of Cairns.
• Vendor keen to sell. Price includes 20 additional outside letting as a bonus.
• Low multiplier.
• Guaranteed Body Corporate salary of $75,000+
• Long Agreements, 22 years remaining.
• No set office hours.
• Low maintenance.
• Supportive committee.
• Resort living, close to everything.

Property Summary

Business Snapshot

Price: $850,000 Net Profit: $133,120 Remuneration / Body Corp Salary: $75,469Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 24Permanent Units: 24Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesBBQ Area: Yes
Marketing Agent
Leo Liu
Leo Liu

Onsite Management Rights

Onsite Management Rights

Listing location
Gallery

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