Geeveston, Tasmania


Property Description

Secure income with little effort Suitable for Retiree or family in need of extra income

Management Rights $230,000
Management Rights are for sale off the plan @ 5 times income
Purchase price to be paid progressively with growth of complex
Income will start @ $ 15,000 ( Purchase Price 5 x $15,000 = $75,000)
After 1 year $46,000 (total purchase price $230,000)
The complex contains a 1382 m2 Warehouse for Self storage and undercover Boat and Caravan Storage+
4 apartments ( 2x 3-bedroom, 1x 2bedroom + Studio Unit)+
2 cool rooms +
17 x 2- Bedroom units for rental accommodation +
16 Airbnb units+
29 Self Storage sheds
Additional income can be created by servicing the Airbnb Units
Estimated to be 16 x $50/week = $41,600 per year. Manager will have exclusive right to service the units. Included in the Management Rights free of charge.

Manager's unit contains 3 bedroom + office/reception area. Not for sale but rent is only $260/week. Alternatively, 1 or 2 Bedroom unit is available

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

Marketing Agency

Housing Affordability Tasmania Pty Ltd

Housing Affordability Tasmania Pty Ltd

Housing Affordability Tasmania Pty Ltd

Peter Griep
Housing Affordability Tasmania Pty Ltd


Listing Tools

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Map Location ( get directions )

Geeveston, Tasmania 7116 Exact map location not provided

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