Thats right, this fantastic ground floor three bedroom apartment also comes with the lettign rights to six apartments in the complex and your own private reception area. Netting the owners just over $39,000 last year after all costs this property is not only a great riverfront apartment but also a great opportunity to earn an income from your own home.

The apartment itself consists of three bedrooms and a great outdoor area with plenty of courtyard. There is a built in BBQ in your private court yard and well as lush green gardens to relax and unwind while you tend them. The complex consists of 18 apartments of which 6 are currently under holiday letting with the on-site managers. Usually management rights income will sell for a multiplier of 4 – 6 times the income plus the apartment however these owners are serious about selling and have made this the best priced income producing unit you will find in the area. At just $630,000 including the letting rights, linen and equipment and of course the freehold unit this is a truly unique opportunity.

Easily managed by one person this could be the relaxing step back you have been looking for.