Highly motivated vendor has reduced the price to only $505,000. This represents excellent value for an attractive business in such a desirable location. In return for light caretaking duties Lawn mowing, gardening and pool maintenance) an income of $38,000 is available as well! This is a well presented security gated complex in Runaway Bay. Only 18 townhouses in this complex and minimal common areas to maintain. The townhouse is situated at the rear of the complex and has been fully refurbished to a high standard. It has excellent indoor / outdoor flow with spacious alfresco entertaining areas. A large light filled townhouse that presents like new and with plenty of fenced rear yard plus storage sheds. Pet friendly. Currently managed by one person who works off-site for most of each week. A great home and a secondary income for a first timer to the industry or an excellent retirement income for those looking to down size. Net profit $38,000 Townhouse $390,000 management Rights $115,000 Total Price $505,000. N.B a deposit of at least 30% would be required to purchase this home and caretaking business. To arrange an inspection or to receive additional information please contact the agent.