New Exclusive Listing! Great Opportunity To Add To Your Current Business
This is a stylish and beautifully maintained Complex in the heart of Cleveland. Walking distance to shops and transport and less than 5 minutes’ drive to the beach, park and school. It’s a combination of lifestyle and business!
The business was separated from the manager unit lot in 2018. The current manager has rented out the lot, however, the income is not showing in the profit and loss statement. It’s the bonus for the sales transaction for extra letting.
Body Corporate salary weighted nearly 90% of total net income. There is huge potential to grow the letting business. It’s a great business to add to the current management rights operator.
Call exclusive agent, Celine today at ---------- to ask for further information before it’s gone. It won’t last long.
Price: Under Contract / Offer
Net Profit: $65,000 Remuneration / Body Corp Salary: $59,750Body corp salary review: CPI Annually
Complex InformationComplex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 5Permanent Units: 5Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesGym: YesBBQ Area: Yes