Stylish Cotton Tree Management Rights
One of the newest management rights buildings on the coast situated in the Cotton Tree. With 14 units in the letting pool all under a performance undertaking model this is a well oiled machine & presents to a high 4.5 star standard. Situated over 8 levels with level 4 & above having ocean views there is a mixture of 1 & 2 beds. For further information on this unique management rights model & property please contact us at Lindsay Petty Management Rights
Business SnapshotPrice: $1,950,000Net Profit: $315,000 Remuneration: $54,700
Managers UnitValue of Managers Apartment: $600,000Bedrooms: 2Car Spaces: 1Office: On Title
2 Bedroom, 2 bathroom with one living & a media room or 3rd bed as required on the first floor . Ducted air conditioning, bright & airey with good size front & side covered balcony. Separate modern reception and back office on title. Modern fit-out & stylish living.
Complex InformationStar Rating: 4.5Total Letting Pool: 14Agreement Module: AccommodationAgreement Term: 25 years
Hotel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -