Geeveston, Tasmania

$230,000

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

Phone

Listing Tools

Property Map

Map Location ( get directions )

Geeveston, Tasmania 7116 Exact map location not provided

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