OTP Management Rights Now Available in a Great Location | Resort Brokers ID : OTP004031
Resort Brokers ID : OTP004031
- Rhodes Apartments Stage 1- Completed
- A 53 unit complex in a high growth with high rental location.
- Projected net income of $153,620 based on the maximum possible units in the letting pool.
- Business price subject to an adjustment for each unit less in the pool at the adjustment date.
- 100% occupancy expected in this high growth elite suburb.
- A secure Body Corporate remuneration of $53,000 with CPI increases per annum.
- A work load easily managed by a couple.
- A beautiful managers’ residence.
- A quiet peaceful life style close to everything that one could need.
NB: Property inspections are by appointment only
Date updated: 21 Jul 2017 23:00:09
Business SnapshotPrice: $1,059,400Net Profit: $153,620 Remuneration: $53,000
Managers UnitValue of Managers Apartment: $449,900Bedrooms: 3
Complex InformationTotal Letting Pool: 52Agreement Term: 25 years