(SOLD) AN IDEAL EASY TO RUN WELL LOCATED PERMANENT COMPLEX IN CAIRNS

An ideal easy to run well located permanent complex with no office (no office hours) and no requirement for manager to live onsite.
Suitable for first time operators or additional to add on for an existing business owners.

Property Details

AUTHORITY:
open
BUILDING TYPE:
2 Story Walk Up
FEATURES:
Swimming pool, BBQ area
PETS ALLOWED?
Yes, No

Management Rights Information

$650000

PRICE

$87.635,-

Net Profit

ACTUAL

Calc. Type

67142

renumeration

Total Number of Units in Complex: 39
Units in Letting Pool: 11
Units Owner Occupied: 10
Units Let by Outside Agents: 18
Number of Lockup Units: 0
MR Agreement Term: 25
Agreement Term Remaining: 18
Age of Complex: 13

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

290000

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

2
Carspaces with Manager’s Unit:
1

Additional Manager’s Unit Features:

Additional 12K nett rental income is possible due to not having to live onsite and rent the apartment. gross rent 19.500,- pa

Consultant Details

Frank van der Heijden

PHONE:

0407137186

MOBILE:

0407137186

Enquiry Form

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40-42 Moody St, Manoora, QLD 4870

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