Permanent Fantastic Opportunity!
This is a Management Rights permanent business that presents a great opportunity to the astute purchaser. Two MR complexes side by side and an adjoining property rent roll. Currently 60 units in the letting pool and approximately 81 outside agents between the schemes. The managers are keen to move the business quickly as they are committed elsewhere. The business is being sold at only 4.2 x with plenty of upside. No set office hours and the ability to live offsite is also a big plus. Accommodation module agreements. Managers residence is a 3 bedroom townhouse and a second 4 bedroom residence is being rented for $440 per week. This income would be additional to the current nett profit of $205,000. This is worth an inspection. (3847942)
Other Features / Notes
2x pools, gated, CCTV