This is an expression of interest
This complex is available for sale, the managers have interests elsewhere and wish to sell!
The complex is currently run by a woman whom spends 5 to 8 hrs per week total for office and garden. There is no office hours and no facilities to worry about.
Close to all amenities.
Great complex for someone new to the industry or someone that wants to kick back in the beautiful Redlands area.
Income is $106042
Home is $450,000
Business is $438,000
Total $888,000
Please contact Robert Collins Agent on 0404678792 or [email protected] for an inspection.
Financials
Body Corporate Salary: $38,956
Management Unit
Management Unit Price: $450,000
Complex Overview
Complex Type / Module: Permanent
Total Units Inside Letting Pool: 27
Total Units in Complex: 31
Holiday Units: 0
Outside Agent: 1
Owner Occupied: 3
Agreement Term: 25 Years
Years to Run: 23 Years