Luxury Palm Cove Holiday Complex With Additional Small Rent Roll of $39K per year Included!

Spacious Residence with two bedrooms, large outdoor patio & a Lifestyle that most people can only dream of having. Some brief details:

Two bedroom managers residence with office on title, approval for Manager to have pet.
Hirum Software & No Set Office Hours
25 year Accommodation Module Agreements with 18 years remaining.
Body Corporate Salary of $36,250
21 Unit complex with 16 in the letting pool
In addition a small rent roll in included in the price which brings in an extra $39k a year.

Property Details

AUTHORITY:
open
BUILDING TYPE:
3 Story Walk Up
FEATURES:
Inground Pool, Ensuite
PETS ALLOWED?
Yes

Management Rights Information

$1,185,000

PRICE

$173,267

Net Profit

ACTUAL

Calc. Type

$36,250.00

renumeration

Total Number of Units in Complex: 21
Units in Letting Pool: 16
Units Owner Occupied: 4
Units Let by Outside Agents: 0
Number of Lockup Units: 0
MR Agreement Term: 25
Agreement Term Remaining: 18
Age of Complex: 14

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$400,000.00

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

2
Carspaces with Manager’s Unit:
1

Additional Manager’s Unit Features:

Large Courtyard, & Yes! Pets are allowed!

Consultant Details

Nicky van der Heijden

PHONE:

MOBILE:

0407369699

Enquiry Form

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