Excellent opportunity on Chevron Island!
Here's a unique opportunity. It combines a manager's unit and caretaking agreement only. If you would prefer not to worry about managing the lettings then this is for you. You will receive a salary from the body corporate for caretaking and the manager's unit is one bedroom plus office. This is a small building of only 20 units with easy to maintain gardens. There are 2 parking spaces and plenty of storage.
The financial breakdown is:
Body Corporate Salary: $26,315
Manager Unit: $245,000
Offers Over: $315,000
Price: Offers Over $315,000
Net Profit: $26,315 Remuneration / Body Corp Salary: $26,315
Managers UnitValue of Managers Apartment: $245,000Bedrooms: 1
Complex InformationComplex Type: PermanentTotal Units in Complex: 20Owner Occupy Units: 10Agreement Term: 25 yearsAgreement Term Remaining: 11 years