This brand new 3 storey complex is located close to Garden City and is due for completion in October 2015. The Developer wants it sold today.
This would make an ideal “add-on” complex to an existing business or a great little starter complex for those buyers looking to supplement their current income. There is no requirement to purchase a Managers’ apartment. A projected net income of $93,000 has been calculated for sale purposes as an “add-on” business.
There is a minimal amount of grounds to be maintained with mainly indoor cleaning of stairs and landings. There is a secure under building car parking area for residents and storage area for the manager. The Developer is willing to include a clawback/clawforward clause in the contract. Purchasers will need to pay GST on the business sale price. The business is offered for sale by EXPRESSIONS OF INTEREST which will close at 3pm Wednesday 7th October 2015.

Minimal caretaking work.
Close to major shopping and commercial hub.
Easy highway access.
3 storey block of apartments with lift.