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1300 76 78 02EXCLUSIVE TO CRE BROKERS. Waterview Terraces is a well-recognised complex in the heart of Townsville and presents the buyer with a secure income from the Body Corporate while providing opportunity to grow the rental pool.
There is no residence to be purchased with the Management Rights. The current manager rents a comfortable three bedroom, two bathroom unit with secure under cover parking with panoramic views from the balcony.
TOTAL NUMBER OF UNITS : 80
UNITS IN LETTING POOL : 26
NET PROFIT : $156,386
REAL ESTATE PRICE : NA
BUSINESS PRICE : $612,000
TOTAL ASKING PRICE : $612,000