MOVE IN NOW

- 93 x 3 bedroom townhouse complex under construction being built in 3 stages
- 34km north of Brisbane on the Redcliffe Peninsula
- Minutes to Moreton Bay waterfront cafes
- Ideal rental area
- Body Corporate Salary $96,000
- Managers residence is 3 bedroom, 2 bathroom townhouse with attached office and double lock up garage

Great opportunity to purchase permanent management rights complex located in an excellent rental area. Stage 1 completed, Stage 2 complete July 2010, Stage 3 due for completion April 2011

Nett Profit: $253,450 (estimated)
Price Managers Unit: $445,950
Price Management Rights: $1,089,837
Total Asking Price: $1,535,787 (plus GST where applicable)