Chevron Island, Queensland

Vendor Prepared to Sell Without the Rentals, meaning no license required!!

$680,000

Business Description

Boutique Permanent with No Fixed Hours!!

Vendor Prepared to Sell Without the Rentals, meaning no license required!!

A small boutique and well-presented complex situated in the heart of the Gold Coast and in close proximity to an array of restaurants, HOTA, public transport and the famous Surfers Paradise beach. Images might not depict this complex.

Although a small complex, on offer is a serene and tranquil environment complemented with a pool, secure parking, low Body Corporate fees and no fixed working hours. Ideal for someone wanting to enter the industry, or someone who wants to add such a bolt-on to their portfolio.

The manager ground floor unit has been tastefully renovated. The unit comprises bedroom, bathroom with laundry, study cum office, open plan dining and living area leading out to a patio at the front with the abundant fragrance of flowers, and the back of the unit with skyline views of Surfers Paradise.

Also on offer - Huge storeroom and adjoining parking bay on title, salary increases annually by either CPI or 4% whichever is greatest.

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: $680,000 Net Profit: $50,600 Remuneration / Body Corp Salary: $50,600Body corp salary review: Other

Managers Unit

Value of Managers Apartment: $510,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: On Title

Complex Information

Complex Type: CaretakerTotal Units in Complex: 20Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: Yes
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

1. Boutique permanent complex situated in the heart of the Gold Coast.
2. Close proximity to an array of restaurants, HOTA, public transport, and Surfers Paradise beach.
3. Serene and tranquil environment with a pool, secure parking, and low Body Corporate fees.
4. No fixed working hours, making it an ideal opportunity for someone wanting to enter the industry or add to their portfolio.
5. Tastefully renovated manager ground floor unit with a bedroom, bathroom with laundry, study/office, and open plan dining and living area.
6. Front patio with abundant fragrance of flowers and back of unit with skyline views of Surfers Paradise.
7. Huge storeroom and adjoining parking bay on title.
8. Salary increases annually by either CPI or 4%, whichever is greater.
9. Opportunity for potential growth and improvement.
10. Inspection can be arranged by contacting Gavin.

Management Rights Multiplier: 3.36
ROI Estimate: 29.76%

Listing location
Gallery

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