Ground floor 2 bedroom apartment with glimpses of the Broadwater plus management rights.

*12 year term remaining on the management rights in this 15 unit complex
*Salary for the manager is $20,268 per annun plus CPI increases anually (GST inclusive)
*Plus an additional $12,900 Annual Rental Commission Income + Plus GST
*There is a potential additional income from the rental of the managers unit of $17,160 per annum, if the purchaser chooses not to live in the complex.
*Duties for the manager are only basic as the complex is maintanance free and only the swimming pool needs cleaning once a week
*No set office hours required
*Duties should only take about 4-6 hours per week
*The owners wish to return immediately to New Zealand and this property is priced to sell today.
*Includes 2 secure basement carparks plus additional storage.
*All chatells required to perform the functions of the management rights.