ASPLEY QLD 4034
$949,000

DESCRIPTION

Very workable small Management Rights complex for over 60s with waiting list of tenants.

All one bedroom apartments with half kitchens are rented through the on-site manager. Tenants are retired and help out with manager's workload!

Manager must provide food for tenants but there is good financial benefits from this. Industrial kitchen on-site and all appliances are included.

Manager pays $2500 per month to rent dining room and kitchen. Manager also pays $80 for the lawn mowed when needed.
Just got a five year top-up and good working relationship with Body Corporate. Current managers have owned for 10 years and are ready to retire.

For an inspection please call exclusive agent Dean Martell on 0459731313 or deanm@raas.com.au

Very little maintenance around the complex as there is no pool, spa or extensive gardens.