This is a letting only business. Body corporate agreements are not in existence, so no need to worry about a top up, caretaking is contracted out by body corporate with a third party. The letting and the unit can be sold without the BC admin service. Must Be Sold!!! Be Quick!
Full real estate licence required.
The Complex consists of 149 Units each on separate title with the following features:
Two Bedroom Duplexes, Single Lock up Garages. There are 41 units in the letting pool for permanent rental. No Set Office Hours.
Of the 41 properties in the letting pool, 35 are within the complex and 6 are external properties.
Out of the 149 units, 88 lots are outside agents, with 26 owner occupiers and the remaining 35 in the letting pool. The villas include 24x 1 bedroom and the rest is 2x bedroom 1 bath, 1 car garage. External rental break down is 2x 2 Bedrooms $300pw 3×3 Bedrooms $330-$360pw 1×4 bedrooms $450pw 7.5% commission + GST. Please be advised NO Body Corporate Salary.
Admin fees only. The management fee is approx $170 + GST x 149 units )