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CRE Brokers is pleased to present for sale, management rights in a highly sought-after location in Far North Queensland.
This gated community consists of 24 townhouse style apartments with well-maintained gardens and Resort-style Pool and BBQ area. The manager's residence is a 4 bedroom 2 bath with Ocean views, double garage, quality finishes with stone kitchen tops.
There is a 2 room office on title to service future growth, generous BC remuneration with low maintenance facilities.
Right in the heart of a tourism hub, with scope for the future.
TOTAL NUMBER OF UNITS : 24
UNITS IN LETTING POOL : 3
NET PROFIT : $76,000 (projected)
REAL ESTATE PRICE : $510,000
BUSINESS PRICE : $220,000
TOTAL ASKING PRICE : $730,000