This complex is very low maintenance with no pool, no BBQ, little gardens and hardly any grass. A few hours a week will pull this one up so if you are new to the industry you could do worse than consider this one and a half year old complex.

The manager’s unit is a comfortable 3 bedroom townhouse with office on title. The manager is committed with another complex on the Gold Coast and would like to find this complex a nice new owner.

Manager’s Accommodation: 3 Br ensuited Townhouse with A/C and SLUG
Total Units in Complex: 35 X 3 Br Townhouses
Total Units in Rental Pool: 23 X 3 Br Townhouses
Rental Figures: $330 pw – $360 pw
Complex Facilities: Nil
Module: Accommodation
Years to Run on Agreements: 23.5 yrs
Equipment: Body Corporate
Pets: Allowed with BC Approval
Ass Claiuses SIgned: Yes
Office Program: Caretaker
Office Hours: None on Agreements
Storage: Plenty
Body Corporate Salary: $36,808

Manager’s Unit Price: $335,000
Business Price: $265,000

Net Profit: $70,000

(Purchasers should rely on their own due diligence figures for verification of Net Profit)

Easy workload, nice accommodation and good value. Give Don Brady a call on 0400 211505 and let him organise an appointment on site to show you how easy it is to run this property.

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.