Situated in a highly desirable suburb, RAAS are delighted to present to the market this outstanding opportunity to purchase the permanent Management Rights with a substantial Body Corporate salary that counts for more than 85% of the total income.
Currently managed by a single operator, the workload is very manageable with minimal facilities to maintain
No set office hours and flexible agreements - the incoming manager can enjoy the freedom and flexibility to suit their lifestyle.
This well-maintained permanent complex presents as a solid business suitable for a first-time buyer looking to secure a stable, low-maintenance business or a savvy operator to run as a side business.
The current manager successfully topped up the agreement terms with 22 years remaining with full support from the body corporate.
No set office hours
Long agreement terms - 22+ years
Beautiful 3 bedroom 2 bathroom plus a separate spacious office
Strong and consistent letting pool
Easy to run with manageable caretaking duties for a single operator
Located in highly sought-after area with high rental demand
Upside potential through additional income streams
Suitable for either first time buyer or experienced operators to secure an extremely low-maintenance MLR
