This complex of 21, 3-bedroom 2-bath townhouses in Labrador, is located with quick access to the Broadwater, Harbourtown shopping and dining precincts as well as top level schools, healthcare and transport yet it is in a peaceful pocket away from the hustle and bustle.
• 25-year agreement has 19 years to run,
• Current manager lives off site,
• Net income of over $64K, plus rental income from the impressive manager’s townhouse.
• A separate managers office on the title to work from.
• No fixed office hours.
• Caretaking requirements with the grounds, pool and BBQ area easily maintained and covered by one person working just a few hours per day.
• 3 units managed by outside agents presents an additional income opportunity
• Existing 13 units in the letting pool would be easy enough for a first timer or a couple looking to downsize their work load.
Be quick to enquire as this one ticks the boxes so will attract strong interest