Ticks all the boxes
• Beautifully refurbished 2 bed managers residence asking $360k (valuation obtained)
• Option to live off site.
• Excellent BC salary over $53k with 21 years remaining on agreements and GV friendly.
• Newly refurbished Office/reception area with building newly repainted.
• Nett Profit of $110k (can be increased to $130k with manager cleans)
• Central location close to beach, amenities and new CBD.
• True one person operation or add on to existing operation.
Internal unit images show the managers residence.
Net Profit: $110,000 Remuneration / Body Corp Salary: $53,400
Managers UnitValue of Managers Apartment: $360,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
The managers residence offers a newly refurbished comfortable 2 bed living unit with some partial ocean views with Air con in living and main bedroom (ensuite). Recently valued at $360k along with the option to live off site presents a great opportunity making this great value for money.
Complex InformationComplex Type: MixedTotal Units in Complex: 21Total Units in Letting Pool: 10Holiday Units: 10Manager Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesWIFI: Yes