Excellent location in the booming Inner-West. Fantastic occupancy all year round. Great life style and income to boot. You won’t be disappointed. Additional income available that is not in P&L. Rarely seen large Managers residence with two car spaces.

This Management Right is offered for the first time in16 years. Current manger is also BC manager at a salary of $4,056.00 per year. Committee would like this arrangement to stay if the new manager wants to do this. These figures are not included in the P&L. Current owners have 7 units in the rental pool and all units would stay with guarantees to do so and if they are sold within the next 5 years to other than investors, a penalty would be paid to the new manager at the rate of $11,000 each. The new manager may also wish to purchase or sell the units if they so desire. This complex is easily run by one person and is in a beautiful part of Brisbane. BC is aware that managers are selling and wish to retire. A brand new 25 year agreement is also included.