Luxurious two and three-bedroom apartments with river views

River Grande is an exceptional residential development in the heart of Innisfail, North Queensland, overlooking the magnificent waters of the Johnstone River, only an hour south of Cairns.
The Management Rights been offered for sale from the developer. On this property you buy the Managers Apartment (lot 12)
This property is easy managed by one person but also definitely suitable as a semi retirement business.
Possibility to acquire or rent a marina berth to more your boat in front of the building and have direct access to the Great Barrier Reef.

For more information regarding the property watch the YouTube Video here- https://www.youtube.com/watch?v=2Q_6tVAfrxM (copy the link into your web browser)

Property Details

AUTHORITY:
open
BUILDING TYPE:
Low Rise
FEATURES:
Inground Pool
PETS ALLOWED?
Yes

Management Rights Information

$339000

PRICE

$32.439,-

Net Profit

ACTUAL

Calc. Type

$30.037,-

renumeration

Total Number of Units in Complex: 25
Units in Letting Pool: 6
Units Owner Occupied: 10
Units Let by Outside Agents: 9
Number of Lockup Units: 0
MR Agreement Term: 25
Agreement Term Remaining: 21
Age of Complex: 6

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$275,000.00

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

2
Carspaces with Manager’s Unit:
1

Additional Manager’s Unit Features:

Office located on the ground floor.

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Enquiry Form

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