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(SOLD) BEAUTIFUL PERMANENT COMPLEX IN CAIRNS

This easy to run complex consist out of 80 two bedroom apartments in total with 63 apartments in the permanent letting pool.
A beautiful resort pool completes this excellent complex.
No office and set office hours and it is not compulsory to live onsite.

Additional 5 years already applied for and pending approval

Property Details

AUTHORITY:
open
BUILDING TYPE:
3 story with lifts
FEATURES:
Beautiful Resort Pool
PETS ALLOWED?
Yes

Management Rights Information

$1085000

PRICE

$215.000,-

Net Profit

ACTUAL

Calc. Type

$115.092,-

renumeration

Total Number of Units in Complex: 80
Units in Letting Pool: 63
Units Owner Occupied: 7
Units Let by Outside Agents: 10
Number of Lockup Units: 0
MR Agreement Term: 25
Agreement Term Remaining: 21
Age of Complex: 9

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

220000

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

2
Carspaces with Manager’s Unit:
1

Additional Manager’s Unit Features:

Additional adjoining 2 bedroom, 2 bathroom unit to the managers unit available for an additional 200K. So this will make a 4 bedroom 4 bathroom spacious managers apartment for the extended family.It is not compulsory to live onside

Consultant Details

Frank van der Heijden

PHONE:

0407137186

MOBILE:

0407137186

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