Great location and solid income
Great location with public transport just in front of the complex and easy to access to shopping centre, school, park and highway. Long agreement of 22.5 years remainder. Solid income structure of 50% from the remuneration and the other 50% from letting business. There are rooms and potential to grow in business. It’s a very stable business and first time on the market for last 5 years. Pool is the only facility in the complex. Manager unit is a comfortable four bedroom townhouse. It’s a good opportunity to get a good and stable income in south area. This is your opportunity, so don’t miss out.
Net Profit: $187,000 Remuneration / Body Corp Salary: $96,534
Managers UnitValue of Managers Apartment: $399,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On Title
Complex InformationComplex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 49Permanent Units: 49Agreement Term: 25 yearsAgreement Term Remaining: 22.5 yearsPool: Yes