Excellent Location and Easily Managed
Central Southport Permanent complex.
Walk to Australia Fair shopping centre, Southport CBD, dining precinct, China town and the Broadwater.
These rental apartments are in very high demand. Well maintained three storey walk up with underground car parking. Manager’s unit is well positioned and has three bedrooms with open plan kitchen, dining and lounge opening to a large balcony. Common areas and gardens are low maintenance.
This business can be managed by one person. Potential to grow this business.
Business SnapshotPrice: $822,800Net Profit: $83,439 Remuneration: $48,853
Managers UnitValue of Managers Apartment: $439,000Bedrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes
Cosy Managers Apartment, Secure Underground Parking
Complex InformationTotal Letting Pool: 22Agreement Module: AccommodationAgreement Term: 25 years