Management Rights with plenty of upside
Current managers have been here for over 20 year so plenty of scope to bring website and advertising up to date and increase to income.
Great location, one block from the beach with most units having great sea views. The gardens are set up for minimum work to keep in top class condition and with no fixed office hours.
There should be plenty of free time to walk to the beach.
The managers unit comes with a large outdoor area ideal to entertain your friends.
Net Profit: $126,000 Remuneration / Body Corp Salary: $40,300
Managers UnitValue of Managers Apartment: $480,000Bedrooms: 2
Complex InformationComplex Type: ResortTotal Units in Complex: 24Total Units in Letting Pool: 13Holiday Units: 13Owner Occupy Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 20 years