Sub 4x with Newly Topped Up Full Term Agreement | Resort Brokers ID : MR005446
Featuring 41 units with 13 in the letting pool with strong upside still possible. This complex offers a lavish and spacious office that would rival any onsite office in the country. An arsenal of caretaking equipment supplied by the body corporate gives any operator a walk up start in this riverfront complex. With the added security of owning a managers unit, this two bedroom apartment, which has been fully renovated, provides a luxurious and comfortable residence within the scheme. This property NOW HAS A FULL 10 YEARS on the standard module as just topped up in early Sept 2018.
- Sub 4x multiplier on a six figure salary
- Newly topped up agreements with full 10 years on standard module.
- Huge caretaking salary over $1,700 per lot
- A solid foundation to continue to grow into a long-term business
- Experienced or first time operators encouraged
- High rents which have been unaffected by supply issues in other suburbs
- Supportive Body Corporate with a strong top up history
NB: Property inspections are by appointment only