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. Luxurious and high-quality complex with modern facilities
2. Outdoor pool and spa, indoor heated pool, and well-equipped gym
3. Immaculate 2 bedroom 2 bathroom managers apartment with potential for third bedroom
4. Elegant lounge and dining area, modern kitchen with quality appliances
5. Potential to increase net profit
6. Permanent complex with 51 units, 13 owner-occupied
7. Additional features such as sauna, BBQ area, and private access to gardens
8. On-site office included in managers apartment
9. Located in a desirable beachside location
10. Must-see complex for potential buyers interested in a luxurious lifestyle and potential for profit.

Management Rights Multiplier: 4.90
ROI Estimate: 20.41%