Perfect starter complex a stones throw from the beach!
The complex consists of 36 apartments which are all one-bedrooms, apart from the manager’s unit. With 20 units in the letting pool and minimal caretaking to be done, this property not only gives you a healthy income but also promotes a nice lifestyle in a perfect location.
- Good upside with seven outside agents
- No set office hours
- Not a lot of capital ties up in real estate
- Minimal caretaking
- Long 21 year term on agreements
- Co-operative Body Corporate
- Room to improve bottom line with 60% occupancy previous 12 months
- Property inspections are by appointment only