Miami, Queensland
Sea and Beyond!!
SOLD
Business Description
Sea and Beyond!!This complex is situated high on Nobby Mountain, and offers not only affordable Gold Coast accommodation, but also boasts sweeping views across the picturesque Gold Coast Hinterland in the west, and out over the sparkling Pacific Ocean to the east. This complex is approximately 18km from Coolangatta Airport and approximately 78km from Brisbane Airport.
On offer is a range of comfortable two and three bedroom apartments with full self-catering kitchens, secure underground parking and free Wi-Fi in every room. The lush tropical grounds have three beautiful swimming pools and a well-equipped barbeque area. It's really your home away from home on the Gold Coast.
The manager's apartment consists of 3 bedrooms, 2 bathrooms, expansive lounge and dining area with hinterland views from the surround deck, access to a private garden area and exclusive usage of 2 secure car spaces with large adjoining storage cum workshops. In addition and on title is a back office and huge reception area.
To arrange an inspection call: Gavin - ---------- or email: ----------
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate as per instruction from the Vendor, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to the information contained herein, and that of legal conformity with local authorities.
Business Summary
Business Snapshot
Price: SOLD Net Profit: $300,000 Remuneration / Body Corp Salary: $280,000Managers Unit
Value of Managers Apartment: $750,000Office: On TitleThe manager's apartment consists of 3 bedrooms, 2 bathrooms, expansive lounge and dining area with hinterland views from the surround deck, access to a private garden area and exclusive usage of 2 secure car spaces with large adjoining storage cum workshops. In addition and on title is a back office and huge reception area.
Complex Information
Complex Type: PermanentTotal Units in Complex: 151Owner Occupy Units: 106Outside Agent Units: 7Indoor Pool: YesSauna: YesGames Room: YesBBQ Area: YesWIFI: YesFunction Facilities: YesMarketing Agent
Gavern Property
Gavern Property - Management Rights
Key Investment Insights
1. The complex is situated in a prime location on Nobby Mountain, offering stunning views of the Gold Coast Hinterland and Pacific Ocean.2. It is conveniently located near both Coolangatta and Brisbane airports.
3. The complex offers a range of comfortable two and three bedroom apartments with self-catering kitchens and free Wi-Fi.
4. The lush tropical grounds include three swimming pools and a well-equipped barbecue area.
5. The manager's apartment is spacious and includes three bedrooms, two bathrooms, and access to a private garden area.
6. The manager's apartment also has exclusive usage of two secure car spaces and a back office and reception area.
7. The complex is a permanent residential complex with a total of 151 units, with 106 owner-occupied units and 7 units managed by outside agents.
8. The complex offers amenities such as an indoor pool, sauna, games room, BBQ area, and function facilities.
9. The manager's remuneration/body corporate salary is $280,000, with a net profit of $300,000.
10. The manager's apartment has a value of $750,000.
Management Rights Multiplier: 5.00
ROI Estimate: 20.00%
Listing location
Gallery
This Business is sold
Listing Tools
Last update: 24th June 2025
