Bayview Tower delivers a premium lifestyle management rights opportunity in Runaway Bay with exceptional income security and minimal operational demands.
The body corporate salary of $205,000 ex GST represents 95% of the $215,000 net profit, providing predictable earnings with CPI indexation over nine remaining years on the standard 10-year module.
Office hours run just 9 am to 1 pm Monday to Friday, making this an ideal acquisition for couples seeking substantial income with lifestyle balance.
The 109-unit permanent complex features a six-apartment letting pool with all units achieving weekly rents exceeding $1,000, plus three additional units currently with outside agents offering immediate expansion potential.
Caretaking duties service quality facilities including indoor and outdoor pools, gym, sauna, tennis court and barbecue areas within a mature, quiet residential environment.
The spacious three-bedroom, two-bathroom manager's residence includes lock-up garage, connected office on title and appealing marina views.
Located moments from shopping centres, cafes, restaurants and Broadwater marina walkways, this $2,100,000 opportunity combines strong recurring income, manageable workload and outstanding Runaway Bay lifestyle.
Interested? Why not give Clint Amos a call on 0482 061 261 or clint@resortbrokers.com.au
