This complex is nestled between a park on one side and a nursery on the other and only 8klms from the CBD. Very easily run by one this complex is a delight to manage. Comprising of 3 bedrooms with ensuite to the main this manager’s townhouse has good sized living areas, office on title and completed by undercover entertainment area and nice back and side yard.
Good business and ideal purchase perhaps for the first time management rights buyer.
Manager’s Accommodation: 3 Br ensuited with SLUG and A/C
Total Units in Complex: 35 X 3 Br Townhouses
Total Units in Rental Pool: 24 X 3 Br Townhouses
Rental Figures: $400pw – $410pw
Complex Facilities: Pool & BBQ Area
Module: Accommodation
Years to Run on Agreements: 20 yrs
Equipment: Body Corporate
Pets: Allowed with BC Approval
Ass Clauses Signed: Yes
Office Program: Caretaker
Office Hours: None in Agreements
Storage: Plenty
Body Corporate Salary: $39,449
Manager’s Unit Price: $429,000
Business Price: $342,000
Net Profit: $85,500
(Purchasers should rely on their own due diligence figures for verification on net profit)
Lovely comolex, in lovely area so why wait make the call now to have an inspection of this impressive property. Call Don Brady on 0400 211505 for more information or to set up a suitable time to have a look see.
Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied), is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business.