Description

Calling for new or experienced operators looking for significant upside and growth potential.
The owner has request to submit all offers as retirement calls.
– 94 Unit complex in Southport
– 51 Units in letting pool. 13 Holiday/ 38 Permanent
– All units are 1 bedroom studios (less owner occupiers)
– Super attractive for investors with low unit values generating solid yields (Average unit value circa $200,000)
– 25 Year accommodation module
– Managers residence contains 2 bed, 2 bath and 2 carparks (Only $395,000 total)
– Body corporate remuneration of $115,000
– Manageable grounds to maintain (Medium Rise Apartment Complex “With Lifts”)
Call Charles Nurse today for more information or to arrange a viewing.