The retirement of the owners has created a unique opportunity to purchase the management rights to this prestigious permanent letting complex.

The complex is located in the fast growing flood free, coastal town of Hervey Bay.

The complex consists of 46 two story 3 bedroom town houses each with its own two car accommodation & private court yards.

The complex is pet friendly.

The complex has a 25 mtr swimming pool and an alfresco recreation & BBQ area.

Income is derived from a body corporate salary & commissions earnt from the letting of 21 units. There are no holiday lettings and the occupancy rate is very high.

The complex could be easily managed by a single person & the opportunity exists to increase the income by undertaking some cleaning & maintenance work currently done by outside contractors.

There are no fixed office hours hours & no limits to time off the site.

The management right agreement is current until 2034 & can be extended in 2014.

The managers residence is a fully a/c 3 bedroom & 2 separate offices. Downstairs main with en-suite, powder room & two living areas & a private rear courtyard & entertainment area.

Double garage plus 2 off street parking spaces & many extras.

Would consider exchange of residential property as part payment.

For financial details and price please contact owner