Merrimac, Queensland

HIGH QUALITY PERMANENT COMPLEX IN CENTRAL GC - ACT FAST AS THE MARKET IS MOVING | Resort Brokers ID : MR006737

$1,395,000

Property Description

Perfectly positioned in a quiet, secure and central GC location is where you will find your new home & thriving business. High quality permanent letting businesses like this one do not last long. With long 20 year agreements, consistent +$167k Net profit and a solid BC Salary +$108k, it is no wonder why. The cherry on top is the private, large 3 bed, 2.5 bath manager's modern townhouse with separate office & large renovated outdoor entertaining courtyard - ready for those family BBQ's. Less than 15 minutes drive from virtually everything you need on the coast - this could be the one you are looking for. So book your inspection today!



  • High quality permanent complex in central location

  • Spacious 3 bedroom manager's townhouse with a large outdoor renovated courtyard

  • Great body corporate remuneration +108k

  • Consistent income with room to grow

  • Very positive body corporate committee & supportive community of residents

  • Quality resort style facilities are easy to maintian

  • 20 year agreements

  • Large seperate modern office on title

  • Healthy sinking fund

  • Property inspections are by appointment only

Date updated: 07 Jun 2021 01:11:59

Property Summary

Business Snapshot

Price: $1,395,000 Net Profit: $167,536 Remuneration / Body Corp Salary: $107,379

Managers Unit

Value of Managers Apartment: $555,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 64Total Units in Letting Pool: 26Holiday Units: 26Owner Occupy Units: 38Agreement Term Remaining: 23 years
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