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Exclusive to CRE Brokers. Home with a $45,010 Care-taking income which is annually increased by the CPI and an additional net revenue of $18,253 from the on-site letting. The only three bedroom Townhouse on site with two bathrooms and a return on investment of 11.5%.
There are no appreciable expenses as garden tools, fuel for garden machinery and servicing are the responsibility of the Body Corporate. All out of pocket expenses in relation to performance of Care-taking duties are reimbursed by the Body Corporate.
This is the best Townhouse on site and the only, with a complete renovation. A complete schedule of renovations is available if requested. There is nothing left to do but enjoy the lifestyle this comfortable and inviting home provides. Imagine living in this picturesque environment only three minutes away from the Shailer Park Hypermarket.
TOTAL NUMBER OF UNITS : 48
UNITS IN LETTING POOL : 12
MANAGER'S RESIDENCE: Located at the highest point of the complex and appointed with: split air conditioners upstairs and down; three bedrooms plus office; two bathrooms; 2 car spaces; large lounge/dining room; kitchen/laundry and covered secure courtyard.
NET PROFIT : $63,263
REAL ESTATE PRICE : $368,000
BUSINESS PRICE : $180,000
TOTAL ASKING PRICE : $548,000