Large permanent - Fantastic lifestyle
Large modern permanent complex in Cairns with 63 of the 80 apartments in the rental pool.
Secure gated community.
Excellent Body Corporate salary of $117,608.
Very good facilities including a large resort style pool.
There is also the option of purchasing the apartment adjacent to the manager's - for an additional $200,000.
Close to Cairns city and in a high demand rental area.
Low vacancy rate and secure income streams make this a very desirable property especially in these challenging times.
Call Alex or Calvin for further information.
Net Profit: $216,173 Remuneration / Body Corp Salary: $117,608Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $220,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: Yes
Two bedroom / 2 bathroom apartment 84m2 with private patio. Option to buy the adjoining apartment for an additional $200,000.
Complex InformationComplex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 63Permanent Units: 63Owner Occupy Units: 7Outside Agent Units: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesBBQ Area: Yes