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Caretaking-only business and home. A secure income for the remaining term of the agreement. The current Caretaker has his apartment rented and the market rate for rentals in this complex is $320 per week. The choice is yours.
Ground floor entry to the massive private courtyard reveals lounge, kitchen, dining room, single lock-up garage, attached office reception and secure surrounds. Top floor provides three bedrooms and one of the two bathrooms.
. Secure income $68,133;
. Additional rental income;
. Build a rent roll, capture 18 rentals within the complex;
. Negotiate a new caretaking agreement from December 2024.
TOTAL NUMBER OF UNITS : 64
UNITS IN LETTING POOL : 0 - Caretaking Only
NET PROFIT : $68,133
REAL ESTATE PRICE : $425,000
BUSINESS PRICE : $35,000
TOTAL ASKING PRICE : $460,000