Main Beach, Queensland

OUTSTANDING MAIN BEACH MANAGEMENT RIGHTS WITH LOW MULTIPLIER OF ONLY 4.2!!

SOLD

Business Description

We are pleased to offer for sale this fantastic managements rights business and associated managers residence located in the sort after suburb of Main Beach on the beautiful Gold Coast.

The complex has a unique riverside location only minutes’ walk from the safe patrolled beach. Just north of Surfers Paradise, it is conveniently located close to all the excitement and attractions of the Gold Coast. Tedder Avenue featuring designer boutiques, restaurants and shops is just a relaxed stroll away.

The property features 124 apartments in the complex with 33 in the letting pool. The property offers a very attractive Body Corporate salary to the owners.

The complex has fantastic facilities featuring an outdoor resort pool and spa (with new landscaping just completed), indoor heated pool and spa, sauna, gym with top of the line equipment and tennis court. There are a limited number of marina berths.

The stylish managers residence feature 2 bedrooms and 2 Bathroom, reception and large office is on title.

This property is showing excellent returns and is a must to inspect.

Business Summary

Complex Information

Marketing Agent

Chris Rowe

A B Brokers

Key Investment Insights

1. Highly sought after location in Main Beach, Gold Coast
2. Unique riverside location only minutes from the beach
3. Close proximity to popular shopping and dining areas on Tedder Avenue
4. 124 apartments in the complex with 33 in the letting pool
5. Attractive Body Corporate salary for owners
6. Excellent facilities including outdoor resort pool, indoor heated pool, spa, sauna, gym, and tennis court
7. Limited number of marina berths
8. Stylish managers residence with 2 bedrooms, 2 bathrooms, reception, and large office
9. Showing excellent returns
10. Low multiplier of only 4.2, making it a great investment opportunity.