MERIMBULA UNIT AND MANAGEMENT RIGHT

By November 30, 2018For Sale, Management Rights

Excellent location, only a few mtrs from the Merimbula RSL club & views over the bay.
Complex has 12 units with 4 in the letting pool which would be perfect for a couple, use the Mgr right as an anchor with other employment possible. Entry price is based on a low multiple factor of only 2.5 times NP & the unit is correctly priced as well. Mgr unit is 2BR with spacious living room.  This one ticks all the boxes & will be attractive to the market. Contact the broker Jim Grant on jim@gbba.com.au

Capri Apartments  ..  $491,000 (Unit + Mgr Rights).