Kawana Island Caretaking Only
The work here involves the general caretaking (no letting) to the large (around 13 acres) over 50’s village.
Good sized managers unit with a private rear courtyard area which is mostly covered. Plenty of equipment for incoming manager – nothing to spend.
The current manager has averaged an additional $40k per year over the last 3 years selling villas in the complex.
Net Profit: $158,000 Remuneration / Body Corp Salary: $160,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $550,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: Yes
Complex InformationComplex Type: RetirementTotal Units in Complex: 165Owner Occupy Units: 150Outside Agent Units: 15Agreement Term: 10 yearsAgreement Term Remaining: 8 years yearsPool: Yes