Labrador, Queensland

Low Multiplier Waterfront

$710,000

Property Description

• A nice quiet complex, centrally located, with great access to The Broadwater and water activities.
• No set office hours.
• Supportive BC & committee.
• Long agreement, 18 years remaining.
• Low maintenance, ideal for a sole operator or a couple who would like a balance between work and life.
• Potential additional earnings from simple maintenance jobs as current net profit doesn't include repairs and maintenance income.
• Close to transport and all amenities.
• Close proximity to quality primary and high schools, Griffith University, GC Hospital, Harbour Town and Surfers Paradise.

Property Summary

Business Snapshot

Price: $710,000 Net Profit: $75,928 Remuneration / Body Corp Salary: $57,693Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Pets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 14Permanent Units: 14Agreement Module: StandardAgreement Term: 20 yearsAgreement Term Remaining: 19 yearsPool: Yes
Marketing Agent
Leo Liu
Leo Liu

Onsite Management Rights

Onsite Management Rights

Listing location
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