Exclusive

TENERIFFE'S CREAM OF THE CROP - $294K NET BUSINESS-ONLY

ResortBrokers proudly present this premium quality, business-only management rights located in the vibrant inner-city suburb of Teneriffe.

  • Very desirable high-rise building with Woolworths Metro tenancy on ground level
  • Built in 2019 Fabric comprises 66 modern apartments
  • 59 units in the letting pool (exclusing the manager's lot)
  • Large 14sqm storage area on ground level for operator use under OA
  • Solid BC salary of $104,510 - reviewed on CPI index
  • 22.5 years remaining on Caretaking and Letting Agreements
  • No requirement for the manager to live on-site or own a unit in the building
  • Freehold 2 bed / 2 bath + MPR - $685K - being rented for $27,750 p.a. (can be sold separately)
  • Rooftop swimming pool, dining area and open lawns
  • Strong tenant demand and consistent low vacancy rates
  • Inspections by appointment only
  • All offers via formal submission process

 

Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or