Main Beach, Queensland

Glamourous, Elegant and Immaculate!!!

SOLD

Business Description

Permanent Beachside Complex!!

A complex that exudes quality and luxury!!

The complex facilities include: outdoor pool and spa, an indoor heated pool, well-equipped gym. and so much more!!

Immaculate 2 bedroom 2 bathroom managers apartment with study (can be converted into a third bedroom), elegant lounge and dining area, a modern fully equipped kitchen with quality stone counters and stainless appliances, and so much more!!

This complex offers both a lifestyle and potential to increase the net profit!!.

Definitely a MUST SEE COMPLEX!!!

To arrange an inspection please call: Gavin - ---------- or email: ----------

Business Summary

Business Snapshot

Price: SOLD Net Profit: $188,200 Remuneration / Body Corp Salary: $134,000

Managers Unit

Value of Managers Apartment: $975,000Office: On Title

Immaculate 2 bedroom 2 bathroom managers apartment with study (can be converted into a third bedroom), spacious and elegant lounge and dining area overlooking the sun blessed pool area through floor to ceiling glass windows, a modern fully equipped kitchen with quality stone counters and stainless appliances, wrap around secure balcony overlooking the pool and a separate private patio area with private access to the lush and manicured gardens. This complex offers both a lifestyle and potential to increase the net profit.

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Owner Occupy Units: 13Indoor Pool: YesSauna: YesBBQ Area: Yes

Marketing Agent

Gavern Property

Gavern Property - Management Rights

Key Investment Insights

1. Permanent beachside complex with 51 total units and 13 owner-occupied units.
2. Facilities include an outdoor pool and spa, indoor heated pool, well-equipped gym, and more.
3. Immaculate 2 bedroom, 2 bathroom manager's apartment with study that can be converted into a third bedroom.
4. Modern fully equipped kitchen with quality stone counters and stainless appliances.
5. Potential to increase net profit.
6. Manager's unit valued at $975,000.
7. Office on title.
8. Complex type is permanent.
9. Complex offers a lifestyle and potential for growth.
10. Must-see complex.
11. Net profit of $188,200 and remuneration/body corp salary of $134,000.
12. Elegant and luxurious complex.
13. Spacious and elegant lounge and dining area with floor-to-ceiling glass windows.
14. Private access to lush and manicured gardens.
15. On-site amenities include an indoor pool, sauna, and BBQ area.

Management Rights Multiplier: 4.90
ROI Estimate: 20.41%