This property is set in a peaceful environment but only minutes to Highway and Loganholme Shopping Centre. The manager’s home is stand-a-lone with large living areas, 3 bedrooms (main with ensuite), airconditioned and large back yard with your own pool and double lockup garage.
The property is being run under caretaking at the moment and needs a new owner to drive it to increase the bottom line. There is forward potential in the property and the owners are negotiable at their figure.
Manager’s Accommodation: 3 Bedroom Stand-a-Lone Home
Units in Complex: 42
Units in Rental Pool: 29
Module: Accommodation
Years to Run: 14 years
Office Hours: None Specified
Office Program: REI Master
Ass Clauses Signed: Yes
Body Corporate Salary: $52,282 (CPI Increase)
Manager’s Accom Price: $340,000
Business Price: $380,000
Business Net Profit: $91,000
Make a time now to inspect this property to perhaps make it yours and take it to the next level of income.
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.