Consistent performer with stable letting pool and plenty of upside. New rental units due into the pool and additional income is available as little or no maintenance shown in P&L so scope for handyman to significantly improve net. With a full licence option to purchase additional outside rentals.

Security gated complex of 56 residential townhouses & villas that back onto the Tallebudgera Estuary. Walking tracks, fishing & boating at your doorstep. Close to schools, day care, medical centres, post office, shopping centres, convenience stores and 1 minutes to M1. Tidy well managed, secure, quiet and friendly complex. The refurbished managers three bedroom two bathroom town house with double garage and additional three parking spaces is beautifully presented.

Nets $138,000
Managers Townhouse $400,000
Management Rights $650,000
Total Price $1,050,000

To arrange an inspection or for additional information please call the agent Steve Gracie 0406686383 E steveg@raas.com.au

Backs onto Tallebudgera Estuary. Telstra cable interent & Foxtel available.