All Offers Considered – VENDOR MUST SELL !!!
The vendor must have a contract on this beautiful , easy to run permanent management rights on the Gold Coast. Lovely 3 bedroom, 2 bathroom apartment with balcony and all the mod cons along with consistent small rental pool and minimal caretaking duties.

The end of April is crunch time and the owner must have a contract in place by this time. All offers will be considered so put a price on it and you may be pleasantly surprised.

If you are just starting out and looking for a comfortable permanent property on the Gold Coast to run with easy workload then look no further. Equally if you are looking to put your feet up a little in a great location then stop – here it is.

The manager’s accommodation is a lovely spacious 3 bedroom, 2 bathroom apartment with air-conditioning throughout and a lovely outside balcony. This apartment also comes with 2 secure parking spaces and an exclusive use shed. Great little swimming pool out the back with no BBQ to clean and easy workload with only 11 rental units to look after and minimal ground work.

Manager’s Apartment: 3 Bedrooms with Large Balcony and 2 Secure Carparks
Total Apartments in Complex: 18 X 2 Bedroom & 3 Bedroom
Total Apartments in Rental Pool: 12 X 2 Br & 1 X 3 Br
Complex Facilities: Pool
Module: Accommodation
Years to Run on Agreements: 20 yrs
Equipment: Body Corporate
Pets: Allowed with BC Approval
Ass Clauses SIgned: Yes
Office Program: Caretaker
Office Hours: None on Agreements
Storage: Plenty
Body Corporate Salary: $19,000

Manager’s Apartment Price: $386,000
Business Price: $ 92,000
Net Profit: $ 40,000

The rental pool has just increased by 2 extra units!!!

(Purchasers should rely on their own due dilgence figures for verification of Net Profit)

This truly is a lovely beginners complex or a downgrade to an easier lifestyle. Call Don Brady now for an inspection and further details on 0400 211505.