Earlville, Queensland

$1,144,339

Property Description

THE OPPORTUNITY FOR 2018, PERMANENT COMPLEX

OPPORTUNITY: Permanent Complex with 10 Rentals in the pool at the moment, opportunity to acquire more rentals in the letting pool and the possibility to increase the Nett. Body Corp Salary of 159.045,- excl. GST.

Easy to manage complex will suit first time buyer.

The complex consist out of Six 4 story buildings with 2 and 3 bedroom apartments. (5 with lifts)

This one will not last long!

Property Summary

Business Snapshot

Price: $1,144,339 Net Profit: $177,418 Remuneration / Body Corp Salary: $159,045Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $315,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Pets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 120Total Units in Letting Pool: 10Permanent Units: 10Owner Occupy Units: 60Outside Agent Units: 50Agreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: Yes

Marketing Agent


Marketing Agency

Resort Sales

Resort Sales

Resort Sales

Nicky Van der Heijden
Resort Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Earlville, Queensland 4870 Exact map location not provided

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