Burleigh Heads, Queensland

Come See the Sea!!

Under Contract / Offer

Business Description

Beachfront Holiday!!!

Holiday beachside complex in Burleigh Heads that allows each occupier direct and uninterrupted ocean views. Situated just steps from one of the Gold Coast's most beautiful beaches, the spacious two bedroom, and two bathroom apartments boast full kitchens, cable TV, Free Wi-Fi and private balconies with stunning ocean views. Top up of the agreements for a new buyer.

The complex facilities include: heated outdoor pool and spa, an indoor spa, well-equipped gym. sauna, two half-sized tennis courts, games room and secure underground parking. When it's time to explore, the region's boutique shopping districts, international restaurants and world class theme parks are within quick and easy reach. Take the short drive out to the Gold Coast hinterland to explore lush rainforest or simply kick back on the beach and forget the world.

Renovated 2 bedroom 2 bathroom managers apartment, spacious lounge and dining area with ocean views, and leading out to a beautiful garden area, and a fully equipped kitchen. This complex offers both a lifestyle and potential to increase the net profit.

To arrange an inspection please 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: $518,000 Remuneration / Body Corp Salary: $112,000

Managers Unit

Value of Managers Apartment: $990,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 62Total Units in Letting Pool: 28Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: Yes
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

1. Prime location in Burleigh Heads, steps away from one of the Gold Coast's most beautiful beaches.
2. Spacious two bedroom, two bathroom apartments with full kitchens and private balconies.
3. Direct and uninterrupted ocean views from each apartment.
4. Complex facilities include heated outdoor pool and spa, indoor spa, gym, sauna, tennis courts, games room, and secure underground parking.
5. Potential for a new buyer to top up agreements.
6. Renovated two bedroom, two bathroom manager's apartment with ocean views and a fully equipped kitchen.
7. Lifestyle opportunity with potential to increase net profit.
8. Easy access to boutique shopping districts, international restaurants, and world class theme parks.
9. Short drive to explore the lush rainforest in the Gold Coast hinterland.
10. Pet-friendly complex.
11. 62 units in the complex with 28 in the letting pool.
12. Standard agreement module with 10 years remaining.
13. On-site amenities such as pool, indoor pool, spa, sauna, gym, tennis court, games room, and BBQ area.

Management Rights Multiplier: 3.40
ROI Estimate: 29.43%

Listing location
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Beachfront Holiday!!!
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BURLEIGH HEADS

Under Contract / Offer

Net Income: $518,000
Managers Estate: $990,000 2 Bed 2 Bath
Letting Pool: 29
Remuneration: $112,000

MANAGEMENT RIGHTS - BURLEIGH HEADS - PRIME BEACHFRONT POSITION
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BURLEIGH HEADS

Under Contract / Offer

Net Income: $421,917
Managers Estate: $1,100,000 2 Bed 2 Bath
Letting Pool: 45
Remuneration: $92,089

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