Connewarre, Victoria

Under Contract / Offer

Property Description

The Best Management Rights In Victoria | Resort Brokers ID : MR003993

Resort Brokers ID : MR003993

  • Excellent return of 27.5%.

  • The management rights business includes fixed remuneration for caretaking duties and a service and commission for renting out the apartments. The split is 55%/45%.

  • Unit owners are responsible for all replacements, repairs and maintenance.

  • No requirement to buy a unit.

  • Modern complex built in 2005.

  • Management rights business with 20 years remaining (agreement expiring in 2036).

  • High occupancy.

  • Located between two world class golf courses.

NB: Property inspections are by appointment only

Date updated: 18 Aug 2017 23:00:09

Property Summary

Business Snapshot

Price: Under Contract / OfferNet Profit: $329,200 Remuneration: $45,000

Managers Unit

Bedrooms: 2Office: On Title

Complex Information

Total Letting Pool: 28Agreement Term: 20 years

Marketing Agent

  • Stuart Charles

  • 0458 588 472
  • 03 9347 3100
  • send email

Marketing Agency

Resort Brokers

Resort Brokers

Resort Brokers

Stuart Charles
Resort Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Connewarre, Victoria 3227 Exact map location not provided

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