Management Rights in a Superb Location with Fabulous Views - 1P2944MR
• Beachside Management Rights with excellent body corporate/committee and long agreements in place.
• Has been run by one owner, could easily be a very relaxed family or semi-retirement business.
• Envious position, close to shops and restaurants.
• 35 units with 29 in the letting pool.
• 23 year agreements as of November 2016.
• Comfortable managers apartment with new kitchen and a large balcony.
• Business Price: $1,250,000
• Unit Price: $450,000
• Net profit: $305,951