PROPERTY DESCRIPTION
Simple to operate from home or from an existing Management Rights business.
Perfect add on for existing operator or the semi retired who wants to keep their hand in the rental business.
5 Rental Apartments with 5 individual rentals each, all to single occupiers! A total of 25 rentals under management.
10 Apartments in the Complex
Simple agreements with just over 7 years remaining. Expires 11 December 2033
(5 year extension to be requested prior to settlement)
CPI Salary increases limited to 4%
Body Corporate Salary $11,212 excluding GST
Net Profit approx $35,000
Contact Listing Agent for more details.


