***Exclusive listing***

This boutique Cotton Tree management rights complex has now come on to the market after 10 years.

Situated one block from the beach & just along the road from the Cotton Tree shops this complex is the ideal starter or one person complex. Bustop at the door, the bowling club is across the road and the shopping centre and cafes just a short walk.

The complex sits on a small footprint boasting 9 levels with ocean views from most units from the 4th floor up. The building and the units are beautifully presented testamount to the managers committment over the past 10 years. On site s a heated pool, spa and BBQ area.

Good occupancy at around 60% there is a new website about to come into place so this operation is fully systemised for the new owners to walk in and just take over. Many repeat guests make the marketing a breeze.

With 10 of the 15 units in the letting pool and lifts to all levels there are no set office hours and all systems in place. This really is a great small operation as a lifestyle choice.

The managers residence is a 3 bed upstairs, second with balcony area and downstairs is the living, kitchen & laundry. There is also a large double garage attached so plenty of room for the 2 cars or storage as required. The office is attached.

In summary.

- 3 bed managers res with dbl lock up
garage.
- Net verified income $105k (end June)
- Boutique offering in great location.
- BC salary over $29000.
- Strong MR under $1m.

For further information regarding this exclusive listing and any other listings that RAAS has please contact Lindsay Petty at RAAS Rights on Mobile 0407 029 138 or email lindsayp@raas.com.au & remember talk to RAAS first regarding all your MR needs.