LETS GET STARTED

Property Type: Management Rights
Sale Type: Management Rights
Price: $1,150,000
Region: QLD - North

MANAGEMENT RIGHTS CAIRNS

This immacualte property experiences high occupancy rates during high and low seasons. The ability of the current managers to secure a high number of corporate customers ensures high returns and high yields. The property has experienced 100% occupancy for all permanent let apartments for the last 3 years. This property produces high yields for owners and in return allows for a harmonious body corporate. The profit is stable, in what has been a challenging year. There are real opportunities with another unit coming into the letting pool this month. THE BIG NEWS THIS MONTH IS 'PETS HAVE BEEN APPROVED FOR THE MANAGER"

· 24 apartments with a mixture of corporate, tourism, permanents and leasebacks

· High corporate client base with a mixture of private and government sectors

· Reputation built on good service for both owners and occupiers resulting in repeat business, 
  the corporate dollar and long term appointments

· Two bedroom well appointed managers unit, recently painted and renovated (kitchen)

· Harmonious body corporate; owners are supportive of managers

· 4 star rated, with gourmet kitchens, large living areas, Austar and wireless broadband

· Versatile with king, queen and single beds with ability to lock off rooms

· Minimal gardening and body corporate duties

· Vendors are motivated and willing to negotiate you into the perfect property

· The Sustainability Declaration for the manager's residence can be obtained from the agent.

Net profit: $196,000