Business For Sale Solid Income with high potential income increase
Management Rights
2 complexes close to each other, built in 2016, 31 units in 1 and 22 units in the other.
These complexes are easy to manage and maintain with fixed tenancies. Could easily be managed by 1 one person. No onsite residence is required. There is no specific office or office hours so you can manage your own time.
The income reflects the Body Corporate Renumeration. There is an opportunity to take on approx. 20 property management agreements upon settlement increasing your income significantly immediately.
The complexes are located in an affluent position in the Ipswich Region.
Body Corporate Renumeration: $53,000 plus gst plus 3% increase per year
Asking Price: $230,000
Offers encouraged
Please contact me for further information and arrange an inspection.