Property Summary:
Letting: Permanent
Building Type: Walk up
Nett: $128,000
Property ID: 7951
Location: QLD - Gold Coast
Price: $895,000
26%+ RETURN ON INVESTMENT
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Three as new permanent complexes
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Current Vendor operates with full real estate licence
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2 x 18 unit complexes with 31 in the letting pool
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1 x 15 unit complex with 15 in the letting pool
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Two complexes as new, the other 18 months old
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2 bedroom, 2 bathroom Managers residence with 2 car spaces
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Security gated, 3 pools
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Accommodation module with 25 year agreements
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Very easy to run, little garden maintenance
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All rents collected by direct debit
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Average rents $365 per week
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Additional rental income of $15,000 p.a from managers real estate (not included in figures)
Completion of third complex approximately February 2010
Nett Profit: $128,000 part projected
Asking Price: $895,000
(inclusive of managers real estate)
For further information on this management rights listing contact:
David Rotheram
0414 706 600
david@mrsales.com.au
Disclaimer
Every care has been taken to verify the accuracy of the information contained in this document, including photo's and artists impressions , but no warranty (either express or implied) is given by the agent as to the accuracy of it's contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the real estate and associated management rights business.
Listing Agent
Sales Consultant:
David Rotheram
Office:
07 5555 8200
Fax:
+61 7 5570 4693
Mobile:
0414 706 600
Email:
david@mrsales.com.au
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