Trinity Beach Proven Winner- 3.3 Multiplier
Well presented one bedroom and studio apartment complex on the main road.
Short walk to one of Cairns favourite beaches, and to the local shopping centre.
The spacious managers unit has 3 bedrooms and a large private patio.
On title is also a large office/reception area.
Long term Body Corporate Agreements and new Appointments with all owners.
Opportunities abound and astute management will significantly improve the profitability and benefit accordingly.
Body corporate approval for two pets.
Ideal for first time buyers.
Call Alex for further details.
Net Profit: $115,000 Remuneration / Body Corp Salary: $48,500Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $289,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes
Spacious manager's apartment with large patio area.
Complex InformationComplex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 22Holiday Units: 16Permanent Units: 6Owner Occupy Units: 13Outside Agent Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 Years yearsPool: YesBBQ Area: YesWIFI: Yes