This business offers a generous Body Corporate Salary.
20 years remain on management agreements and with the added benefits of such a wonderfully situated community this business is an extremely attractive buy.
Highly sought after residential complex conveniently located close to Belmont State School, Westfield, public transport, Bulimba Creek bikeways and Belmont Hills Nature Reserve. And only a couple of minutes drive to the Gateway Motorway.
Managers residence is a beautifully appointed 3 bedroom, 2.5 bathroom, 2 car garage townhouse.
Act now. Contact us for an inspection before you miss this golden opportunity.
Net Profit: $204,000 Remuneration / Body Corp Salary: $133,800Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $587,000Bedrooms: 3Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes
Townhouse, 3 bedroom, 2.5 bathroom, 2 Car Garage
Complex InformationComplex Type: PermanentTotal Units in Complex: 91Total Units in Letting Pool: 39Permanent Units: 39Owner Occupy Units: 50Outside Agent Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: YesPay TV: YesFunction Facilities: Yes