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Management Rights For Sale in Western Australia

BE PART OF RESOURCE RICH WA - SHARK BAY/MONKEY MIA

27% Return on Investment

Oceanside Village is a modern 3.5 star self contained waterfront resort located a short drive from Monkey Mia. The comple has 23 units, 22 in the rental pool the other being the managers three bedroom residence. Adjacent to the residence is an office, 2 double carports and a large storage area. The complex is beachfront most units have ocean views. there is a heated pool, BBQ area games room and guest laundry

The complex is well maintained with a solid sinking fund. The management fee is 55% of the net rentals, all major (capital) expenses are at the owners expense

FIRST TO SEE WILL BUY
 

Property Facts
Location: Shark Bay/Monkey Mia Reference Number: 55
Building Type: Villa and Apartment Agreement: 0
Build Year: 2007 Commenced:
Rating: 3.5 star Years Remaining: 30
Total Apartments: 23 Net Profit: $307,000 
Letting Pool: 22 Managers Unit Price: $0 
Owner Occupiers: 0 Not permitted Management Rights Price: $740,000
Lockups 0 Total Price: $1,140,000 
Outside Agents: 0 Salary: $0
Other:      
Managers Unit: 3 bedroom 2 bathroom with front and rear terraces    
Number of Bedrooms: 3    
Number of Bathrooms: 2    
Carparks: 2    
Storage: Yes    
Pets: On approval    
       
Office:    
Other:      
Facilities: Heated Pool, BBQ Area, Foxtel, Wifi    

Agent Details

Listed by: Glenn Millar
Mobile: 0412 277 804
Phone: (07) 3878 3999
Email: Email Agent
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From the 1st of January 2010 a copy of the Sustainability Declaration for this property will be available from the Agent.

Disclaimer
Every care has been taken to verify the accuracy of the information contained in this document, including photo's and artists impressions , but no warranty (either express or implied) is given by the agent as to the accuracy of it's contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the real estate and associated management rights business.