Griffith, New South Wales

$372,527

Property Description

Perfect lifestyle business for those looking to scale back! | Resort Brokers ID : MR006657

Managed under a Management Rights model, the agreements have been renewed to full term under NSW legislation. This is an opportunity for someone to scale back their working life yet still have a stable income whilst being part of a low maintenance community environment. The manager is not required to live onsite.



  • Full 10 year term management rights agreements

  • Net profit of $80,630

  • Net profit after real estate outgoings $61,011

  • Real Estate includes manager’s unit and Common Facility ($220k)

  • Earn an income whilst living an independent community lifestyle

  • No requirement to live on-site

  • Property inspections are by appointment only

Date updated: 09 Apr 2021 23:00:05

Property Summary

Business Snapshot

Price: $372,527 Net Profit: $80,630 Remuneration / Body Corp Salary: $55,894

Managers Unit

Value of Managers Apartment: $220,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 42Holiday Units: 42Owner Occupy Units: 3Agreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

ResortBrokers

Nathan Eades
ResortBrokers

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Map Location ( get directions )

Griffith, New South Wales 2680 Exact map location not provided

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