A great opportunity here for the enthusiastic person looking to secure their future.
The offering consists of three businesses made up from two Managed complexes, a four bedroom Manager’s apartment and a 75 property strong rental roll. (Refer RAASRights listing ID# 2267 for the second complex. It is priced separately from these details)
Based in an inner northside suburb and run from a large private office the scope for expansion is only limited by your imagination. Buyers holding a full Real Estate licence should seriously consider this package deal. Real estate sales from within the rental roll and complex have provided additional revenue in sales commissions of $175,000 over the past twelve months. NOTE: This figure is NOT INCLUDED in the sale.
The four bedroom Manager’s apartment is spacious and comes with three bathrooms, four balconies, four secure basement car parks and large office on title.
Currently operated by a husband & wife team with part-time employees as required.
SUMMARY:
Apartment price $795,00.
Business price $1,370,000.
TOTAL $2,165,000.
Net income from complex $173,750.
Net income from rent roll $145,280.
TOTAL NET INCOME. $341,000.
Rarely do these popular combination businesses become available so please call your RAASRights Broker today for more information on this wonderful home and business package.
A few minutes drive to 3 large shopping centres.
Walk to railway station.
Easy access to M1 motorway and tunnel system.
Airport in a few minutes.
Easy-care landscaped grounds.
Popular rental location.
75 unit rent roll available. Asking price $450,000. Prefer to sell as a package with this complex.
Pets allowed.