Southport, Queensland

$550,000

Property Description

2.5 bedroom apartment, open plan kitchen with large entertaining area. Additional income from on site caretaking

Looking for an investment with added income, then here it is. You can purchase apartment, look after the caretaking while either living in the apartment and either live in yourself or rent it out for added income. The caretaking requires a few hours per week and with no need to live on site.

This 2.5 bedroom apartment has an open plan kitchen, large lounge room with a covered entertaining area and side outdoor yard. Both bedrooms have an ensuite, the 3rd room can be used as a study or bedroom.

Main entrance through the secure complex entry with additional side gate through outdoor area.

The complex is a 3 story walk up (complete with lift), BBQ area and a pool. You can park your car in the secure underground car park.

The body corp salary is $28,000 per year with scope for additional income for work carried performed outside of the duties list, and also possible rental management (if you are licensed)

Call now for further information and arrange an inspection.

Jon love
0481 522 115

Property Summary

Business Snapshot

Price: $550,000 Net Profit: $28,000 Remuneration / Body Corp Salary: $28,000

Managers Unit

Value of Managers Apartment: $475,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 21Owner Occupy Units: 13Agreement Term: 10 yearsAgreement Term Remaining: 7 years

Marketing Agent


Marketing Agency

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Southport, Queensland 4215 Exact map location not provided

Similar Properties