Broadbeach Waters, Queensland
Ideal Add-0n and Ideally Situated!!
Under Contract / Offer
Business Description
Ideal Add-0n and Ideally Situated!!
The Complex is conveniently situated and in close proximity to all the amenities on offer in Broadbeach.
An older style complex, sturdy, well-built and widely recognised as a premium low-rise building.
Complex Features: Tranquil resort style lap pool with spa, Saunas, BBQ Area, Recreational areas, Landscaped gardens, Secure complex with gated entry.
On Offer: Caretaking and Letting opportunity with no set hours, no need to reside onsite, no need to purchase an apartment, contactable, secure salary and a great working environment.
Well worth an inspection!!!
To arrange an inspection call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $83,000 Remuneration / Body Corp Salary: $66,000
Complex Information
Complex Type: CaretakerTotal Units in Complex: 32Total Units in Letting Pool: 9Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes
Key Investment Insights
1. Prime Broadbeach location, within close proximity to local amenities.
2. Sturdy, older-style premium low-rise complex, widely recognised in the market.
3. Resort-style on-site amenities including a tranquil lap pool with spa, saunas, BBQ area, recreational areas and landscaped gardens.
4. Secure complex with gated entry, enhancing resident and asset security.
5. Caretaking and letting role offered with no set hours, no requirement to reside onsite, and no apartment purchase necessary.
6. Contactable position with a secure remuneration package; Body Corp salary shown as $66,000.
7. Reported net profit of $83,000, with the business currently listed as under contract / offer.
8. Complex comprises 32 total units, with 9 units in the letting pool, indicating about 28% of units actively let.
9. Formal caretaker agreement is a standard module, originally 10 years in term with 9 years remaining, providing long-term contractual continuity.
10. Small letting pool and on-site facilities suggest potential to grow revenue from increased letting or enhanced management services.
