Business Only In Newstead! Very Low Maintenance! Perfect Add On!
Genuine Business-Only Management Rights in the heart of Newstead. There is no need to buy real estate or live onsite and there are no set office hours. Extremely low maintenance building with a rooftop entertainment area – however there is no pool, gym or any mowing! The building consists of 48 stunning one and two bedroom apartments with 35 in the letting pool.
- Business-Only Management Rights in the heart of Newstead
- New complex - just over 2 years old
- 35 of 48 units in the letting pool
- No need to live onsite
- 23 year long agreements
- Body Corporate Salary (adjusted to 3% or CPI – whichever is greatest)
- Opportunity for further growth – 7 outside agents
- Low maintenance – no pool, gym or mowing
- Stunning one & two bedroom well-proportioned and designed apartments.
- Fully equipped large office for your exclusive use
NB: Property inspections are by appointment only