***Exclusive Agency***

This complex is centrally located on the Sunshine Coast and offers 35 terrace designed townhouses in a secure gated complex. Close to university along with state & private schools with quick access to the Bruce Highway.

With 23 permanent units in the letting pool, all 3 bed, 2 level. There is a easycare lagoon pool & grounds with the location offering walking distance to shopping village, childcare, schools, bus stops, along with parkland and lake access etc.

The managers residence is a 3 bed, with air con living, kitchen, dining and good sized covered patio area with plenty of fenced garden area all downstairs. Upstairs offers 3 beds, main with ensuite & air con with views overlooking the parkland and lake. 2 pets allowed. With a single garage attached this is a stand out managers residence with room to move, parkland setting & views.

The air con managers office is attached to the residence by way of exclusive use, spacious and modern.

There are no set office hours & the management agreement does not require the manager to live on site. Currently let out this generates approx $20k pa extra income.

This is an ideal opportunity for a new entrant to the market to add to their income stream or as a bolt on for an existing operator. Currently the BC pays for the hedge trimming in the complex so the role really involves around 10 – 15 hours per week ensuring the complex is well presented.

The current manager also sell units in the complex and over the past 3 years has averaged $14k pa up to Jan 2015. Managers prior to this were also involved in sales. This presents a fantastic opportunity for the new manager to continue with this trend and maintain/increase the income. This makes this business an attractive proposition and forms part of the pricing model.

In summary:

- 3 bed managers res with generous outdoor
area overlooking park & lake.
- No set office hours
- No requirement to live on site offering
rental income also approx 20kpa.
- BC salary of $40970
- Perm complex with 23 units in pool.
- Additional income approx $14k pa through
complex unit sales.
- High demand growth area.
- Can be run by one person.
- Net $80k plus rental income plus sales
income.
- Priced at $795k including managers res.

For further information on this listing please contact the exclusive agent Lindsay Petty at RAAS Rights on mobile 0407 029 138 or email lindsayp@raas.com.au

2 small pets allowed for managers res.
Secure gated complex.