Labrador, Queensland

Tranquil, Elegant and Lifestyle!!

$2,300,000

Business Description

Tranquil, Elegant and Lifestyle!!

A permanent hi-rise complex designed to impress with its sprawling entrance and open spaces. Quality is unquestionable with a minimalist and homely style that embraces the concept of light, space and natural airflow in its design.

This complex design encourages you to enjoy the sunrises and sunsets through the floor to ceiling glass walls to make you truly appreciate its privileged location. Enjoy strolls in the park or along the Broadwater to the nearby restaurants as you step out of the complex.

In this exclusive complex, residents will also relish in five star amenities including a resort style swimming pool, sauna, spa, residents lounge, BBQ facilities, and an entertainment area. Exceptional lifestyle appeal combined with unparalleled views and luxury; this is what dreams are made of.

As you step inside the beautifully renovated managers 2 bedroom, 2 bathroom apartment, you will feel a sense of grandeur with a spacious open plan living area that flows directly out onto a surround balcony, where you can fully appreciate the stunning Broadwater views that can never be built out. Floor to ceiling windows and glass sliding doors maximize the gorgeous views from inside and allow natural light to flood the space.

To arrange an inspection 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: $2,300,000 Net Profit: $232,500 Remuneration / Body Corp Salary: $183,600

Managers Unit

Value of Managers Apartment: $1,250,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 92Total Units in Letting Pool: 13Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesFunction Facilities: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Stunning location with uninterrupted views of the Broadwater.
2. High quality and modern design with spacious living areas and floor to ceiling windows.
3. Exclusive complex with resort-style amenities including a pool, sauna, spa, and entertainment area.
4. Well-maintained and renovated 2 bedroom, 2 bathroom managers apartment.
5. Strong net profit and body corporate salary.
6. Long agreement term remaining.
7. Pet-friendly complex.
8. Permanent complex with only 13 units in the letting pool.
9. Close proximity to restaurants and parks.
10. Potential for growth and increased income.

Management Rights Multiplier: 4.52
ROI Estimate: 10.11%