Burleigh Heads, Queensland

Huge Reduction in Price!!

SOLD

Business Description

Caretaking and No Need to Live On-site!!

Set in beautiful Burleigh Heads in the tranquil enclave of Koala Park, right next to the pristine Tallebudgera Estuary and famous Burleigh Beach. The bowls club of Burleigh Heads & cafes and restaurants of James St are only a short stroll away, as is the highly regarded Tallebudgera Surf Club.

Ideal for those considering a second income or retirement top up - minimal workload.

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: SOLD Net Profit: $20,000 Remuneration / Body Corp Salary: $20,000

Complex Information

Complex Type: MixedTotal Units in Complex: 15Owner Occupy Units: 9Outside Agent Units: 6Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 12 yearsPool: Yes
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

1. Huge reduction in price advertised, listing now marked as SOLD.
2. Caretaking role does not require living on-site, allowing remote accommodation.
3. Minimal workload, positioned as suitable for a second income or retirement top-up.
4. Net profit reported at $20,000, indicating modest annual profitability.
5. Remuneration / body corporate salary also $20,000, suggesting predictable cash compensation.
6. Property located in Koala Park, Burleigh Heads, adjacent to Tallebudgera Estuary and Burleigh Beach, offering strong lifestyle and tourist appeal.
7. Short walk to Burleigh Heads bowls club, James Street cafes and restaurants, and Tallebudgera Surf Club, enhancing guest amenity and location desirability.
8. Complex classified as Mixed, with 15 total units, indicating a small-scale operation.
9. Nine owner-occupy units and six outside agent units, implying a majority owner-occupier profile which may affect demand and management dynamics.
10. Agreement module listed as Accommodation with a 20-year term originally, and 12 years remaining, providing medium-term contractual security.
11. Complex features a pool, adding an attractive amenity for residents and guests.
Listing location
Gallery

This Business is sold

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