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HOLIDAY APARTMENTS MANAGEMENT RIGHTS
Property type:Accommodation
Price:$425,000
Address:MAROOCHYDORE QLD 4558

RIVER SANDS APARTMENTS
271 BRADMAN AVE, MAROOCHYDORE



MODULE: Holiday Accommodation

AGREEMENT: Both letting & Caretaking:- Commenced 1st January 2002 – 10 Years with
options of 5 x 5 x 5 years.

COMPLEX TYPE: 3 Story walk up with two entries.

UNITS IN POOL: All 12 (No owner occupiers)

AGE : Built December 1997

CONDITION: Excellent

FACILITIES:Under cover parking for all units
Guest parking for 4 cars. Salt Pool with shade cover. BBQ area. Guests laundry at rear of complex
Glass top outdoor furniture & Chairs Sun lounges.

OFFICE: Consisting air-conditioned front office/ reception with access to Managers Apartment. (Body Corporate approved) on title.

MANAGERS
APARTMENT: Air conditioned Two bedroom plus study unit, mirrored robes. One bathroom. Tiles to living area. Full under bench oven, ceramic cook top, dishwasher & waste disposal in sink. Fully security screened with crimsafe, new blinds to living bedroom area and white cedar to master. Fans to all rooms.

STORAGE: Under stairwell, large cupboard in laundry and garden sheds at rear (approved by Body Corp)

SALARY: $13,342.56 P/ann. plus CPI (Inclusive of GST)

OTHER INCOME: Letting of units commission, cleaning, laundry, phones. Video hire & Tours
(Scope to add more income producing ideas)

CURRENT OCCUPANY: Rate 77% Period October 04 – Jun 05 (Improving monthly)

BODY
CORPORATE
LEVY:Admin $2000.00 Per Year Sinking Fund $440 per year

COUNCIL RATES: $753.83 half year

BODY CORPORATE MANAGERS: Body Corporate Professionals

 

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