Main Beach, Queensland

Set sail in Main Beach with this management rights property net 13% ROI | Resort Brokers ID : MR008161

$2,800,000

Business Description

ResortBrokers presents the Spinnaker Apartments in Main Beach, a prime beachside investment opportunity delivering a 13% ROI.

This management rights property offers a perfect blend of work and lifestyle with resort-style amenities and limited office hours.

Enjoy a generous body corporate salary and a luxurious three-bedroom manager's residence. A remarkable investment in a highly sought-after trendy beachside location of Main Beach.

- Prime beachside location in Main Beach
- Perfect blend of work and lifestyle
- Generous body corporate salary of $287,019 (ex gst)
- Luxurious three-bedroom, two-bathroom, one-carpark manager's residence
- Modern and efficient operating systems
- Additional storage facilities included
- Resort-style amenities - Pool, Spa, Sauna, Steamroom, Tennis Court and 2 x barbecue areas
- Peaceful, well-maintained permanent residential building
- Inspection by appointment only
Date updated: 15 Sep 2024 23:00:07

Business Summary

Business Snapshot

Price: $2,800,000 Net Profit: $367,000 Remuneration / Body Corp Salary: $287,019

Managers Unit

Value of Managers Apartment: $1,280,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 119Total Units in Letting Pool: 14Owner Occupy Units: 60Outside Agent Units: 4Lockup Units: 40Agreement Term Remaining: 10 years
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