Kings Beach, Queensland
Permanent Business Only, Sunshine Coast.
SOLD
Business Description
Located in the heart of Kings Beach on the Sunshine Coast, Ocean Verge offers an idyllic coastal living experience within a secluded tree-lined street, boasting unparalleled convenience. This property presents an exceptional opportunity for established operators seeking to expand their permanent portfolio. With minimal duties and no office hours, Ocean Verge seamlessly integrates into existing business operations, making it an ideal addition.
For enthusiasts of recreational activities, Ocean Verge provides an array of options to suit all ages and interests. From enchanting rockpools to a child-friendly water fountain and an oceanfront saltwater swimming pool, there are ample opportunities for leisure. Nature lovers and fitness enthusiasts can revel in the nearby parklands, patrolled beaches, and scenic coastal boardwalks, while families will appreciate the well-equipped playgrounds, expansive open spaces, and vibrant community festivals.
Strategically positioned on Verney Street, Ocean Verge offers easy access to the beloved waterfront boardwalk, charming cafes, and the renowned family-friendly Kings Beach, all just a short stroll away. Furthermore, the bustling Caloundra Town Centre is within walking distance, providing an eclectic mix of restaurants, cafes, shops, and popular local bars to explore.
Beyond its immediate surroundings, Ocean Verge benefits from proximity to a diverse range of beaches, each with its own distinct character and dedicated following. From the tranquil shores of Golden Beach to the lively atmosphere of Bulcock Beach and the rugged beauty of Shelly Beach, Moffat Beach, Dicky Beach, and Currimundi, there is no shortage of coastal experiences to enjoy.
Ocean Verge encapsulates the essence of coastal living, offering a blend of convenience, leisure, and community in one desirable location on the Sunshine Coast.
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $57,492 Remuneration / Body Corp Salary: $52,000
Complex Information
Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 5Owner Occupy Units: 25Outside Agent Units: 5Lockup Units: 5Agreement Term: 25 years
Key Investment Insights
1. Prime location in the heart of Kings Beach on the Sunshine Coast, offering an idyllic coastal living experience.
2. Easy access to a variety of recreational activities, including rockpools, water fountains, swimming pools, parklands, and beaches.
3. Proximity to a bustling town center with a diverse range of restaurants, cafes, shops, and bars.
4. Close to a variety of beaches, each with its own unique character and following.
5. Minimal duties and no office hours, making it an ideal addition for established operators.
6. Low remuneration/body corp salary of $52,000.
7. Net profit of $57,492.
8. Complex type is permanent, with a total of 40 units in the complex.
9. Only 5 units in the letting pool, leaving room for growth.
10. Long agreement term of 25 years.
