Currumbin, Queensland

LUXURY LIVING + MINIMAL DUTIES + HIGH RETURNS IN HIGHLY SOUGHT CURRUMBIN | Resort Brokers ID : MR008321

$2,200,000

Business Description

ResortBrokers brings to market a profitable, blue-chip management rights opportunity in the heart of highly sought-after Currumbin, offering luxury living, a solid Body Corporate income with potential for further growth.

Currumbin Ridge is a gated community comprising 81 luxury homes with 23 in the letting pool. Low maintenance outdoor areas and pool contractor paid for by the body corporate ensure the duties are extremely manageable, combined with no set office hours, affording a true lifestyle business.

The manager’s residence is a multi-level, architecturally designed four-bedroom, 2.5-bathroom home. The manager’s office is on title and attached and offers a large staff bathroom as well as a storage shed for equipment. There are six exclusive car parks at your disposal for visitors or guests.

- High-demand rental suburb ranging from $850 - $1,325 per week
- Upside to engage growth via the outside agent-managed properties
- Drive the repairs and maintenance income
- Body Corporate Salary $156k+ (excl.GST) CPI increases annually in July
- Luxury manager’s residence - ducted aircon, solar power, expansive deck
- Close proximity to Currumbin Beachand Currumbin Creek
- Easy managementwith high returns
- Inspections are by appointment only

Date updated: 01 Dec 2024 22:00:06

Business Summary

Business Snapshot

Price: $2,200,000 Net Profit: $232,162 Remuneration / Body Corp Salary: $156,794

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 4Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 81Total Units in Letting Pool: 23Owner Occupy Units: 56Outside Agent Units: 2Agreement Term Remaining: 22 years
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