Upmarket Property on Waterway
On offer here are the management rights and managers unit in an upmarket property on the waterway in Twin Waters and the management rights to to a prestige complex nearby.
Very safe business with the majority income from the Body Corp remuneration.
Good potential to add to the bottom line by selling real estate in both complexes.
Property facilities include:
- lap pool
- plunge pool
- BBQ area
Net Profit: $166,262 Remuneration / Body Corp Salary: $159,370
Managers UnitValue of Managers Apartment: $755,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: Yes
Complex InformationComplex Type: MixedTotal Units in Complex: 95Total Units in Letting Pool: 6Permanent Units: 6Owner Occupy Units: 71Outside Agent Units: 9Lockup Units: 7Agreement Term: 25 yearsAgreement Term Remaining: 17 years yearsPool: Yes