An easy to run rental accommodation facility situated in a great community and located within walking distance to shops and clubs. The facility houses permanent residents and boasts 75% occupancy rates. With an established reputation this would be an easy business to step into with no experience or accreditation necessary. Full training will also be provided during the transition period.
The accommodations consist of 16 rooms, each including a bathroom, lounge and bedroom. Other amenities include: communal dining/lounge area, 2 laundries in each wing, commercial kitchen, large reception room and small lounge. There is also a large recreational room with bathroom facilities which can easily be converted to a manager’s unit.
Income supports a good lifestyle and would offer low living expenses if you choose to live on the premises. The business runs with very low overheads and turns over $174,000 p.a. producing superb profit margins.