Offering the perfect balance of an impressive, fully established business that generates a solid income which is driven by permanent and student accommodation, Central Park is positioned strategically near Bond University and close to all amenities, providing an idyllic lifestyle.
There is plenty of upside to be had by engaging growth via handling unit sales, converting outside lets back into the letting pool, as well as driving the repairs and maintenance within the complex. Further to this, with no requirement to reside onsite, the manager's 3-bed, 3-bath unit, can be rented for an additional income circa $35,000 p.a.
Situated in the heart of Varsity Lakes, this investment promises business stability, a desirable lifestyle, and growth potential, it's an all-round compelling opportunity in a sought-after coastal locale.
- High-quality permanent complex
- 92 units with 40 in letting pool
- Effortless caretaker duties
- Long-term agreements
- No residency requirement
- Additional $35K rental income
- Upside via multiple streams
- Inspections are by appointment
