Redcliffe Holiday / Corporate Opportunity
Incumbent manager needs to redeploy his time.
Multiplier is 5.1 which is very reasonable which makes it extremely saleable. Beautiful 3x bed 2x bath managers unit. Income including occupation rated and tariffs are available as well as agreements. All have been verified by management rights accountant and are available for inspection.
Please call either Haydn Meyer on 0411441727 or Robert Collins on 0404678792 to arrange an inspection.
Net Profit: $300,000 Remuneration / Body Corp Salary: $50,845
Managers UnitValue of Managers Apartment: $568,000Bedrooms: 3
Complex InformationComplex Type: CorporateTotal Units in Complex: 40Total Units in Letting Pool: 33Holiday Units: 33Owner Occupy Units: 6Agreement Term Remaining: 24 years years