Management Rights Gem first time advertised: Gated Complex consisting of 28 x 3 Bedroom Ensuite Townhouses all air-conditioned:17 in permanent letting including one in holiday pool. Plus 3 bedroom Fully Furnished, Double auto Garage Air-conditioned Managers Unit with Bay Views & attached separate office at the entrance. Beach over the road. Close to the Marina.
Managers unit has views & can be either purchased for $355,000 ono or leased Fully Furnished or not. With $199,000 ono for the Caretaking & Letting business and with an income of $36,000+ Per Ann with CPI increases yearly. Rental Income from Commissions approx. $21,000 per ann represents a 28.65% return on your investment: This would suit family where you can spend a lot of time with the kids or a couple who could easily run the business with one person while the other continues a separate job if desired. You can employ a part time gardner as the current owner does or do it all yourself. It is no big deal. Office hours to suit as most tenants pay rent direct to the bank. Latest computer management programe included with history, plus receipt printer. Training included for up to 2 weeks if required.
25 Year Agreement inplace with 23 years to run. Major things to happen in Hervey Bay this year so here’s your chance to be part of it. Owners wanting to retire is only reason for selling now. Call Robin today.