Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime beachfront Coolangatta location with direct beach views from every apartment.
2. Approximately $807,750 annual net income supported by established management rights operations.
3. Long term 20 year agreements provide tenure security for the incoming owner.
4. Dual key three bedroom manager’s residence includes three bathrooms and two car spaces.
5. Manager’s apartment valued at approximately $1.3 million, adding substantial lifestyle and asset value.
6. Established holiday complex comprising 116 units, with 54 apartments in the letting pool.
7. Tightly held business offering a rare opportunity in one of the Gold Coast’s sought after coastal locations.
8. Remuneration or body corporate salary of approximately $330,171 supports the management operation.