PROPERTY DETAILS

Building Type Low Rise
LOTS 32
Features LIFT ‘Inground Pool, Tennis Court, basketball court

MANAGEMENT RIGHTS INFORMATION

Price including real Estate $965000
Net Profit $150,000
Net Profit Calculation Type Actual
Remuneration $69300.00(incl GST)
Total Number of Units in Complex 32
Units in Letting Pool 14
Units Owner Occupied 2
Units Let by Outside Agents 9
Number of Lockup Units 0
MR Agreement Term (years) 25
Agreement Term Remaining (years) 21
Age of Complex (years) 23

MANAGERS UNIT & BEACH FRONT RESTAURANT

Real estate LOT include following:-

Office on Title Yes
Office Attached to Unit Yes
Value of Manager’s Real estate ($AUD) $440,000.00
Office Hours No fix Hours
Bedrooms in Manager’s Unit 2
Bathrooms in Manager’s Unit 2
Beach Front Restaurant 1
Car spaces with Manager’s Unit 1
Tour Desk Office 1
Reception Office 1
Storerooms 2