Waterford
Sold
3
2
2
Management Rights
- 104 Total Units
- Permanent Complex Type
- 57 Letting Pool
- $173,000 Remuneration
- $271,000 Net Profit
- $280,000 Manager's Unit
- Pool Features
Property Description
EXCELLENT RETURN ON INVESTMENT
Generous Body Corporate salary of $173,000 represents over half of the significant profits generated by this business. Over 20 years remaining on Management Rights agreements. No requirement to live on site. No set office hours. Minimal investment in real estate provides for excellent ROI. Onsite facilities include a pool only. Popular rental location conveniently located near Griffith Uni, shopping centre and public transport. Businesses of this calibre are hard to find.
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