BRAND NEW BUSINESS-ONLY BY THE BAY!

ResortBrokers is delighted to present to market this superb business-only management rights business with a projected net over $127K and 24.5 years remaining on terms!

  • Fantastic entry-level opportunity for a local couple or single operator
  • Stylish mid-rise building with 66 units
  • 6 units in the letting pool - 15 external agents - potential future upside 
  • Completed in early 2021
  • No onsite office or real estate to purchase
  • No set office hours - contactable 9-4pm Mon - Fri (excl public holidays)
  • Over $95K Body Corporate salary with 4% fixed annual increase
  • Storage (45SQM) & Office  (11SQM) for exclusive occupation of the manager
  • Additional 6 exclusive use storage areas the manager could rent out + cleaner’s store room
  • Rooftop pool and covered entertainment area with BBQ facility
  • 6 months of trading with projected net for 12 months of $127,175
  • Over 24 years remaining on the caretaking and letting agreements
  • Prime location near the Esplanade and beautiful bayside lifestyle
  • Easy to manage with minimal duties
  • Book a time to inspect - by appointment only

 

Tim Crooks

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