Cairns Tropical Permanent Letting
• 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.
Net Profit: $133,120 Remuneration / Body Corp Salary: $75,469Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title
Complex InformationComplex 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