Paradise Waters, Queensland

Surfers Paradise - Permanent - Sold & Settled - ID 7865

SOLD

Business Description

Stunning Water Views

- Well maintained complex in Paradise Waters
- 71 residental and 9 commercial lots
- 17 apartments in the letting pool, a combination of 1, 2 & 3 bedroom configurations
- 10 year Standard Module
- Body Corporate remuneration of $116,712
- Large Exclusive Use office, separate from the manager's residence
- No set hours - contactable by phone 8.30am - 4.00pm
- Opportunity to grow income through minor repairs
- Resort style facilities including pool, spa, sauna, BBQ and undercover parking
- Excellent committee and Body Corporate
- Manager's retiring after 5 years

The two bedroom, two bathroom manager's residence is located on the first floor and enjoys spectacular river views and overlooks the marina. Ducted air conditioning and two under cover car spaces.

Net Profit: $142,000
Asking Price: $1,377,000
(Inclusive of manager's real estate)

View video tour here

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Broker
Phil Trimble

Property Code: 654

Business Summary

Complex Information

Marketing Agent

Phil Trimble

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

- Well-maintained complex with stunning water views in Paradise Waters
- 71 residential and 9 commercial lots
- 17 apartments in the letting pool, with a mix of 1, 2, and 3 bedroom configurations
- 10 year Standard Module agreement
- Body Corporate remuneration of $116,712
- Large Exclusive Use office separate from manager's residence
- No set hours, with phone contact available 8:30am-4:00pm
- Potential for increased income through minor repairs
- Resort-style facilities including pool, spa, sauna, BBQ, and undercover parking
- Excellent committee and Body Corporate
- Manager's residence is a two bedroom, two bathroom unit with ducted air conditioning and two undercover car spaces
- Net Profit of $142,000
- Asking Price of $1,377,000 (includes manager's real estate)
- Video tour available for viewing
- Contact Management Rights Broker Phil Trimble for further information or to arrange an inspection.