Central Gold Coast located in high rental demand area and close to excellent schools & shopping.
Big opportunity to add value and increase income significantly by hands on new managers. All maintenance in this 18 year old town house complex is currently contracted out!
Ideally suited to tradesman / handyman / painter this is a good solid no frills complex that will provide an excellent return on investment and tidy capital gain to motivated purchasers.
The managers town house is private with 3 bedrooms, 1 two way bathroom and second toilet off the laundry. Single garage with additional car parking available. New kitchen with granite bench tops and S/S appliances. Large office on title and plenty of storage.
Managers Residence $355K, Management rights $610K,
Net Profit $133K.
Total Price $965K Neg.
For further information on this business please contact the agent – Steve Gracie 0406686383 or steveg@raas.com.au
Childrens playground which is maintained by the Gold Coast City Council.
A copy of the Sustainability Declaration is available on request from the agent.