2 min walk to beach, a complex suitable for the beginner or the retired couple looking for extra income.Current managers both work part time1. Managers Unit Lovely aspect overlooking Garden. Tiled unit, 1 bedroom builtin wardrobe&Mainbedroom walkin robe, ensuite. Kitchen has wall oven, rangehood, dishwasher. Secured carpark2. Potential to convert to holiday. One unit is already a holiday unit .3. Walking distance to shops&restaurants.4. Body Corporate Salary $26,800 with CPI increase.5. 9 units in the letting pool + 1 Holiday Unit6. Lovely boutique 3 storey walkup7. Low Multiplier 3.88. Close to the Convention Centre, Jupiters Casino&Pacific Fair shopping centre9. Standard Module 5+5 year term&5+4 years to run Will update on saleManagers Unit —–$500,000Business Cost —-$145,000Total Price ———-$645,000Income —————-$42,000Call David Manson on 0412 707 173 or email davidm@raas.com.auTo obtain full particulars click on the word Documents to the right of the photo above.A Management Rights business comprises a contractual agreement with the Body Corporate of a multi-unit complex to supply certain services in exchange for a salary.Additionally the buyer purchases the right to earn commission and services income by letting out the units of individual owners in the complex .The asking price includes the title to, and ownership of, the designated managers unit in the complex.Call David Manson on 0412 707 173 or email davidm@raas.com.au