Seize the opportunity to acquire the management rights of Foundry at Gabba, a thriving complex with 24 years remaining on a 25-year agreement. This is a rare chance with no unit to purchase and no mandated office hours, allowing for flexible management.
Currently, all lawns, gardens, cleaning, and pool maintenance are handled by a contractor, which you can continue or choose to manage yourself. The workload is minimal, requiring only one person to handle it full-time.
Key Highlights:
• Income: $296,581 per annum
• Price: $1,868,460
• Body Corporate Salary: $125,929
• Letting Pool: 58 of 89 units, all permanent rentals
This is an excellent opportunity for a hands-on manager or someone looking to maintain an existing contractor arrangement. Foundry at Gabba offers a solid income stream in a highly sought-after location. Don’t miss out on this exceptional investment!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
