Manager’s Unit – 3 br 2 bth A/C
Units in Complex - 35 Townhouses
Units in Rental Pool - 29 Townhouses
Agreement Term - 25 years
Left to Run on Agreements - 21.5 years
Software Program - REI Master
Body Corp Fees - $670 per 4 mth period
Office Hours - None in Agreements
Salary Increase - CPI
Equipment - Manager owned
Storage - Large Storage Shed
Pets - Up to 2 Pets for Manager with Approval
Rents - $350 – $365 per week
Body Corporate Salary - $35,627 per annum
NET PROFIT - $86,000
Manager’s Unit Price - $355,000
Business Price - $355,000
Figures have been done believing they are correct. Any potential purchase should do their own due diligence to verify these numbers.
Call now for an inspection with good upside available.