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Accommodation Business For Sale in WA

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Holiday Letting Business With Managers Apartment And Office

Location:Western Australia

Category:Accommodation

Asking Price:$340,000

340000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office
  • Holiday Letting Business With Managers Apartment And Office

Business description

BUY YOUR OWN HOME WITH OFFICE EARN A GOOD LIVING FROM IT WITH REGULAR INCOME.

        You could earn $75,000 pa and pay it off in less than 5 years!

Here is your chance to cash in on the downturn in property prices to buy your own home and make it work for you by managing and letting out the adjoining apartments to earn yourself a good

regular income and live alongside the beautiful Murray River only 15mins drive from Mandurah.

IMPORTANT POINTS TO NOTE:

  • The new owner should live in the Apartment with separate Office attached to be able to manage the letting and the caretaking services required for the 18 x apartments.
  • They will be paid a fixed caretaking fee of at least $3,200 pm ($38,400 pa) for providing this supervision service irrespective of occupancy rates.
  • Commissions of 40 % of all rentals will be paid to the new owner of the Management Rights as well as the caretaking fee of $38,400 pa.
  • These conditions are outlined in the Agreements with both the Strata Company and the individual Strata Title owners.
  • Included in the price is a substantial list of Managers Inventory such as Equipment and other items at no extra cost able to be rented out to guests.

  • The Vendor is willing to consider all reasonable offers as well as to discuss Vendor Finance terms subject to sufficient security available.

    During these unusual lock down times all the 18 x short term apartments have been let out on 3 or 6 month basis to provide the Strata Owners with a regular income until normality resumes when substantially increased rentals can be earned. This arrangement may last until October 2020.

    This opportunity will suit a couple to buy their own home, earn a good income from letting out the other apartments as well as earn a regular caretaking income of $38,400 pa.

    Not to forget the extra earnings from regular maintenance requirements of all 32 x apartments.

    This opportunity will not last long - so get in your offer before the market turns against you!

    Contact  Nick Benwell CA  Elliscorp Real Estate and Business Agents  m: [Phone Number Censored]

    e: [Email Censored]

    Other Information

      Ellis Corporate
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