Great business in a an industry where there is just not enough accommodation to go round. This 32 unit complex has high occupancy levels as you would imagine for single living retired persons. This is a no care facility being all independant living and the running of it is a breeze.

The grounds are easily maintained and the current owners only run 2 sets of minimal office hours a week (these are not in the agreements just what they choose to do). Of course with these operations there are the cooking duties that are required in providing a hot meal for lunch and issuing each resident with a breakfast and dinner requirement. The kitchen requirements are handled from 10.00am – 1.00pm daily. There is a communal dining room and an exclusive use kitchen.

The manager’s accommodation is very comfortable with a good sized 3 bedroom unit with single lock-up garage, ensuite to the main bedroom and a 2 way main bathroom. Living areas are spacious and good back and side yards with some undercover area as well.

Manager’s Accommodation: 3 Bedroom, A/C, ensuite and single lock-up
Total Units in Complex: 32 X 1 Bedroom + 1 Manager’s Unit of 3 Bedrooms
Total Units in Rental Pool: 32
Complex Facilities: Kitchen and Dining Room
Module: Accommodation
Years to Run on Agreements: 15 with top of 5 being organised currently
Pets: Yes
Ass Clauses Signed: Yes
Office Program: REI Master
Office Hours: None on Agreements
Storage: Plenty
Body Corporat Salary: $78,000

Manager’s Unit Price: $325,000
Business Price: $730,000

Net Profit: $190,000

Purchasers should not rely on the figures contained herein and should do their own due diligence for verification purposes. No warrants are made by the agent in repect to any information provided on this listing.

Call Don Brady now on 0400 211505 for more information or an inspection time on this high return business.

PLEASE ASK ABOUT THE UPSIDE AS YOU WILL NOT BELIEVE YOUR EARS!!!