MAKE AN OFFER FOR THE LOT!!!

* 6 x One bedroom
* 1 x Two bedroom managers unit plus 2 car spaces
* Plus management rights, ten years to go renewable

Gross income $138,538 per annum, 2 rent rises a year, plus CPI manager salary.
Average net profit per year for previous 2 years is $77,000.

* Lot 1- 2 Bedroom, 2 Car parks + Management Rights = $310,000
* Lot 4- 3 Units = $295,000
* Lot 5- 3 Units = $295,000
* Total = $900,000

Ill health of elderly owner necessitates sale after 15 years of ownership, this will be a bargain buy!

This is a great easy run business, excellent cash flow, close to the Broadwater, 10 minutes to Southport CBD.

Potential future development site.

SERIOUS SELLER

Contact Denis Mulheron on 0418 202 839 or 07 5501 4600