Sold at Auction…
No offers will be accepted prior to auction.
Yes, it must be noted, this is not an “owner/occupier” scenario and must remain with the current management group until at least 2021, but it is a small price for a large opportunity. Income to owner, after the management fees is deducted, is paid ever quarter.
Income over the last 4 quarters is as follows:
16/7/12 $477.74
12/10/12 $674.98
14/1/13 $1,289.76
10/4/13 $1,098.92
Total $3,541.24