The Perfect Permanent property
A newish modern property to fall in love with in perfect position close to Beach. No set office hours. Delightful permanent block in the Northern Beaches of Cairns and only 20 minutes to the CBD. Over 50 units in the complex with almost all in the rental pool. Spacious 2 bedroom 2 bathroom manager's apartment, all top quality luxury rental apartments. Very good, well managed property with excellent potential and easily run as a one person operation. The possibility to convert to holiday letting exists. Good salary and excellent cash flow business. Cairns currently has one of the lowest vacancy rates in the country at 2% and rental rates are on the rise due to quality rental shortage. Manager not required to live on site. Agreements Gallery Vie compliant.
Contact Calvin for full property details.
Business SnapshotPrice: $1,090,000Net Profit: $168,000
Managers UnitValue of Managers Apartment: $330,000