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Lucrative Investment Opportunity - ID 8748

$515,000

1 m2

North Queensland Management Rights For Sale
Consistent Performer - Cairns North

- 16 apartments with 9 in the holiday letting pool
- Well maintained gardens, resort style pool and BBQ
- Short stroll to Cairns Esplanade
- 3km from Cairns International Airport
- Happy and supportive owners and committee
- Expansive 2 bedroom manager's residence
- Office on title, no set office hours
- 17 years remaining on Accommodation Module agreement with scope to top up
- Exterior of the complex has been fully re-painted
- Large sinking fund to undertake further improvements
- Plenty of opportunity to increase income

The opportunity to secure this relaxed and comfortable lifestyle won't last long. Make your escape to the North a reality!

Net Profit: $113,660
Asking Price: $515,000
(Inclusive manager's real estate)

For further information or to arrange an inspection contact:

Management Rights Broker
Antonio Curulli

Price $515,000
Location Cairns North
Property ID 8748

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