Burleigh Heads, Queensland

Sort of Moonwalk and Skip to the Beach!!!

$1,775,000

Business Description

Sort of Moonwalk and Skip to the Beach!!!

A dated holiday complex in Burleigh Heads that allows and entices each occupier to the beach. Situated just steps from one of the Gold Coast’s most beautiful beaches, this complex offers huge family size apartments that boast full kitchens, spacious bedrooms and easy access to the resort facilities on offer.

The complex facilities include: heated outdoor pool and spa, secure underground parking and public transport close to the front of the complex. When it’s time to explore, all 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. Images might not depict this complex.

On offer: New 25-year agreements and a great returning guest complex. Light rail and public transport at front of the complex allowing easy and convenient access to much of what the Gold Coast offers.

Huge 3-bedroom 2-bathroom manager’s apartment, spacious lounge and dining area with a fully equipped kitchen, all leading out to a beautiful pool and garden area. Secure underground parking and storage.

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: $1,775,000 Net Profit: $204,000 Remuneration / Body Corp Salary: $80,000

Managers Unit

Value of Managers Apartment: $1,000,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 36Total Units in Letting Pool: 17Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesSpa: YesBBQ Area: Yes
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price of $1,775,000, with reported net profit of $204,000 and body corporate remuneration of $80,000.
2. New 25 year accommodation agreements provide a long contractual term.
3. Burleigh Heads location just steps from the beach, with light rail and public transport at the front of the complex.
4. Established returning guest clientele supports repeat holiday bookings.
5. Complex comprises 36 apartments, with 17 currently in the letting pool.
6. Spacious family apartments feature full kitchens, generous bedrooms and easy access to resort facilities.
7. Guest facilities include a heated outdoor pool, spa, barbecue area and secure underground parking.
8. Manager’s apartment valued at $1,000,000 includes three bedrooms, two bathrooms, spacious living areas and access to the pool and gardens.
9. Office on title, secure storage, one manager’s car space and permission for pets add practical ownership benefits.
10. Boutique shopping, international restaurants, theme parks and the Gold Coast hinterland are within easy reach.

Management Rights Multiplier: 3.80
ROI Estimate: 11.49%

Listing location
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BURLEIGH HEADS

$775K MR & $1M Unit = Total $1.775M

Net Income: $204,000
Managers Estate: $1,000,000 3 Bed 2 Bath
Letting Pool: 38
Remuneration: $80,000

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