**Exclusive listing**

Like hens teeth, good size quality permanent complexes are hard to find on the Sunshine Coast and RAAS has been appointed the exclusive agency in offering this property for sale.

Set on the banks of lake Kawana this complex which consist of 63 units (70 keys) is in the ideal location in one of the fastest growing areas in SE Queensland.

With the development of the $1.8b University hospital just around the corner the demand for rentals has increased, in turn rents have also increased 10-15% over the past 8 months.

Investors are looking for property in the area and as development, including new homes, retail & infrastructure ramps up, this MR property is like gold.

Permanent management rights in this location are tightly held and with this complex being so close to the new hospital the property is seen as a premium offering.

The managers residence loacted on the 5th level is a large & stylish 3 bed, ensuite, fully air conditioned with fantastic views over the lake. The large covered balcony has access from the living & main bedroom & with the main bedroom facing the lake you can wake looking at the water.

There is also a west facing balcony for winter sun. The unit also offers undercover parking for 2 vehicles & plenty of storage areas. Situated where it is in the building offers quiet privacy so you can leave work & come home.

The office it set in the ideal spot at the entrance to the building & with no set office hours you can retreat when it suits. There are 54 units in the letting pool with demand growing, along with increased rents the potential to grow the income is certainly there. All the units face the water with most having water views which also increases demand from prospective tenants wanting a place to live with a water view.

A relatively new complex set in tropical well landscaped gardens there is an attractive BC salary with a long term remaining on the agreements. All systems are in place and this really is a walk in & take over. With a complex this size there is also opportunity to become involved in sales once a full RE licence is obtained. This offers additional income for the manager/s.

If you have been looking for a permanent complex on the Sunshine Coast then you had better be quick as they do not come much better than this in such a sought after location.

Managers residence features include:

Excellent entertainment area overlooking the 2km rowing course.
Open plan living.
Kitchen feature granite bench tops.
Quality stainless steel Kleenmaid appliances with steam and conventional oven.
Dishwasher .
Ducted reverse cycle air-con plus ceiling fans.
Double car parking spaces with extra storage room for your tools, sporting equipment etc.
Secure complex.

Complex features

Boasting landscaped tropical gardens.
20m heated lap pool/spa.
Walking distance to work and to cafs, Homemakers Centre, bicycle & walking paths & right next door to the Medical centre. 10mins to Mooloolaba.
Bus stop at door. Noosa to Caloundra circuit.

Business summary

Strong BC salary over $98k.
19 years remaining on agreements.
net income at $217k.
No set office hours.
High demand location.

For more information on this exclusive listing please contact Lindsay Petty at RAAS Rights on Mob 0407 029 138 or email lindsayp@raas.com.au & remember talk to RAAS first regarding all your MR needs.

Pets allowed provided approval is obtained from B/C

Complex in the heart of Kawana Business entre and only 10 mins walk from the new hospital site. 2 gyms & various retail within 5 mins walk.