Exclusive

SUPERBLY RUN TENERIFFE MANAGEMENT RIGHT WITH HIGH NET $400K

Ellington Apartments comprises a series of three low-rise, exceptionally well-maintained apartment buildings located in a leafy garden setting just a few moments to the river. Situated in vibrant Teneriffe this complex offers the incoming managers the perfect work to lifestyle balance.

  • 189 apartment complex, 69 in letting pool
  • Excellent BC salary over $270,000
  • Clean P&L – 99% of income from core streams
  • Good upside potential through R&M and internet
  • Freehold title 27SQM manger's office with street frontage 
  • Stunning & spacious 3 bedroom manager's apartment 
  • High quality property with excellent facilities
  • Prime location moments from river in Tenerife
  • Subsidiary agreements have 22 years to run
  • Minimal office hours, manageable workload
Alex Cook

Interested? Why not give Alex Cook a call on 0467 600 610 or