29-33 Springfield Crescent, Manoora, QLD 4870

This is an Exceptional Management Rights Business Opportunity!

Proudly welcoming to Cairns' affluent property market is this exceptionally exciting Management Rights business opportunity.

Introducing: Whitfield Waters.

Bordering the elite districts of Whitfield and Edge Hill, this sensationally appointed complex comprises of 80, two-bedroom, two-bathroom apartments. This complex has been impeccably well-maintained. Presenting with immaculately kept grounds and an enviable resort-style swimming pool.

'Whitfield Waters' is nothing short of impressive…

On offer here is an exceptional opportunity, whether for an individual operator or a dynamic couple. With a letting pool of approx. 45 units and straightforward caretaking responsibilities, the groundwork has been expertly laid, and the property stands poised for its next discerning owner.

COMPLEX HIGHLIGHTS:
- Price Guide: Offers Over $599,000 considered
- 80x two-bedroom, two-bathroom apartments (84m2)
- Five gated buildings, three levels
- One very impressive resort style swimming pool
- Two BBQ areas
- Bathroom and shower facilities around the pool area
- A children's playground

MANAGERS UNIT:
- Price Guide: $310,000 Neg
- Ground floor, end unit
- 2 bedrooms, both complete with built-in wardrobes and air-conditioning
- Master inclusive of an ensuite bathroom with direct access to the large entertainers patio
- Open plan living, with a functional kitchen. Complete with dishwasher and ample bench & cupboard spaces
- Internal laundry
- 84m2 floorplan
- Airconditioned throughout
- Generous, private enclosed patio, accompanied by a beautiful outlook
- Exclusive use, fully fenced backyard
- Secure undercover single car garage on title

BOTTOM LINE:
- Body Corporate Levies: $5,174.48 approx. p/a
- Council Rates: $2,700 approx. p/a
- Attractive managers salary (available upon request)
- Currently returning over $200,000 net P.A
- Letting pool of approx. 45 apartments

This resort style complex located at the end of a quite no-through road, and is less than 10-minutes' (approx.) drive to Cairns' CBD.

Exciting business opportunities such as this seldom present themselves.

A full information memorandum available upon request. Make the move today and reap the benefits tomorrow!

Contact David Murphy or Natasha Whalley-Thompson for a full information memorandum.

Do not let this prospect slip between your fingers!