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
