About the Business

QUALIFIES FOR AN AUSTRALIAN BUSINESS VISA
subject to applicants status
*. Professional management pays weekly,requesting more units to be built and rental price increases
*. Currently operating on 97% occupancy
* Owner lives 1700ks from site
*. New owner could reside anywhere in the world
*. Accountants 23/24 P&L shows AUD $275,864 after all expenses, from 59 units and various parking spaces.
*. The net could increase to $444;000 from a proposed 4 Stage expansion
Development.
*. Calculated on a 90% occupancy rate without price increases.
*. 3629 sqm prominent corner site will accommodate an extra 59 units.
*. Builder/owner is available to assist with the project management post sale.

PRICE
To be discussed with the owner directly or through a preferred agent or broker
To ascertain the net % yield required*to be realised from such a prime and passive investment.
The Owner will deal with any agent or broker from any country
MOB 041 777 6998

The Phone Code for this property is: 68530. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.