Home with an income
Ideally situated modern complex with access to the beach, shops, cafes & amenities. This management rights really is an home with an income attached. Modern facilities and very well presented complex offering room to move and potential to grow. With a mix of holiday and permanent units in the letting pool this is the ideal business for a single operator net $107k+ or perhaps a couple looking to earn additional income (net income of $120k with manager cleans) along with room for the family and a pet too. Priced to meet the market this is ideal modern living with strong attributes making this a must see complex.
Business SnapshotPrice: $1,095,000Net Profit: $107,800 Remuneration: $57,700
Managers UnitValue of Managers Apartment: $665,000Bedrooms: 4Car Spaces: 1Office: On TitlePets OK: Yes
Home with an income, beautifully presented & modern 4 bed or 3 bed, 1 media, 1 living managers residence with new ducted aircon throughout. This is a spacious unit with a large outdoor & private courtyard area, partially covered & westerly facing for the winter sun. On title is a good size reception area and back office also. 2 basement car parks are provided. Approval for a pet make this large unit ideal family living. Fantastic home realistically priced.
Complex InformationTotal Letting Pool: 9Agreement Term: 25 years