Financials
Business Price : $150,000
Manager's Unit Price: $550,000
Total Price: $700,000
Net Profit: $40,000
Body Corporate Salary: $18,658
Body Corporate Salary Review: 5%
The location of this complex is the envy of many, being a 1minute walk to reknowned Shelley beach with its annual turtle egg laying & hatching season. As this business has only 4 units in the rental pool it would suit a young family or semi-retired couple looking for a wonderful lifestyle with an income, which is very easily run by 1 person. All units have ocean views.
Letting Pool Breakdown
Total Units In Complex: 12
Inside Letting Pool
Permanent: 0
Holiday: 4
Corporate: 0
Outside Letting Pool
Lock Up: 3
Outside Agents: 0
Self Managed: 0
Owner Occupied: 4
Manager's Unit and Office
Unit Size: 3 Bedroom 2 Bathroom
Live the lifestyle in this spacious managers unit right across the road from the beach.
Twin spa in ensuite. All bedrooms with built-in wardrobes. Fans throughout. Lovely private courtyard.
Agreement Term: 25
Years To Run: 14
Office Reception: N/A
Office Hours: no set office hours
Office Computer: No
Office Software: none
Storage: Large area in carpark
Facilities