Water views from this complex and is pet friendly making it great for renters and no problems for the manager that has Rover or Fluff.

This property is only 2 years old and very easily run with no facilities onsite but everything that anyone would need within minutes of the complex.

The manager’s unit is a 1/2 bedroom and is 181 square metres in size. It is currently in the configuration of a 1 bedroom, 2 bathroom but with no effort could quite easily be converted to a 2 bedroom property

Manager’s Unit – 2 & 3 br 2 bth A/C Apartments
Units in Complex - 50 Apartments
Units in Rental Pool - 29 Apartments
Agreement Term - 25 years
Left to Run on Agreements - 23 years
Software Program - REI Master
Body Corp Fees - $914 per qtr
Office Hours - None in Agreements
Salary Increase - 5%
Equipment - Part Manager, part BC
Storage - Plenty
Pets - Yes
Rents - $330 – $485 per week some furnished
Body Corporate Salary - $57,198 per annum
NET PROFIT - $102,500
Manager’s Unit Price - $360,000
Business Price - $425,000

Figures have been done believing they are correct. Any potential purchase should do their own due diligence to verify these numbers.
Call now for an inspection with good upside available.