Innisfail, Queensland

$332,000

Property Description

Waterfront Luxury Apartment With FREE Management Rights! | Resort Brokers ID : MR005258

The opportunity is to own a luxury two bedroom unit and inherit the caretaking and letting rights for the building at no cost. Inheriting an income of $44,461.05 net inclusive of a $27,500 Body Corporate salary with CPI increase. This could cover your mortgage repayments and with no set office hours you can work around other income streams. Perfect for a semi-retired person wanting to bring in additional cash flow while still wishing to maintain a comfortable work load.



  • Opportunity for further growth

  • State of the art living accommodation

  • Long agreements

  • Building recently refurbished & repainted

  • Opportunity for short-term letting & increased profits

  • NB: Property inspections are by appointment only

Date updated: 03 Jun 2020 23:00:06

Property Summary

Business Snapshot

Price: $332,000 Net Profit: $44,461 Remuneration / Body Corp Salary: $27,500

Managers Unit

Value of Managers Apartment: $332,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 25Total Units in Letting Pool: 11Holiday Units: 11Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Shane Croghan
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Innisfail, Queensland 4860 Exact map location not provided

Similar Properties

PRICE REDUCED!!  BEST STARTER OR ADD-ON MANAGEMENT RIGHTS
Exclusive

CAIRNS CITY
PRICE REDUCED!! BEST STARTER OR ADD-ON...

Under Contract / Offer
Net Income: $75,000
Managers Estate: $160,000 2 Bed 1 Bath
Letting Pool: 17
Remuneration: $40,000

Calvin Bailey Management Rights