Rarely does a business opportunity come along like this one. A Management Rights in a mining town. All rentals in an area where there is a critical shortage. You can go there and run it your self or hire a local to look after it for you and enjoy a great passive income. Multiplier is at 2.5 negotiable and there is a valuation available for the managers home as well as a rent appraisal. There is no requirement for the Manager to reside on site. TOTAL $1,178600, Unit $400,000, Income $311,440 M R $778,600
This is an off the plan complex. GST is applicable on the business. It is in the township of Middlemount which services 7 mines. Accommodation is not normally available but when it is it is at a premium as can be seen by the rent evaluation which is available. Multiplier is at only 2.5. Buy, get a local to run it for you and reap the benefits.