Reedy Creek, Queensland

Potentials in Gold Coast

Realistic Offer Invited

Business Description

This sale is open to negotiation, with all reasonable offers considered.

This friendly small residential townhouse complex is in a highly sought after suburb of Reedy Creek. Only a short drive to Burleigh Beach. Close to all amenities, reputable schools, Bond University, Robina Town Centre, and the M1 for easy access to Brisbane and Northern NSW.

The grande Master builder's manager home has an adjoining office with separate client entry, undercover waiting area and parking.

There are potential opportunities for additional income through various streams, plus redevelopment of site for 8 townhouses (subject to DA).

Business Summary

Business Snapshot

Price: Realistic Offer Invited Net Profit: $28,250 Remuneration / Body Corp Salary: $27,300Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 15Total Units in Letting Pool: 3Owner Occupy Units: 6Outside Agent Units: 6Pool: Yes

Marketing Agent

Leo Liu

0467 57....

Onsite Management Rights

Key Investment Insights

1. Highly sought after suburb with close proximity to popular beaches and amenities.
2. Potential for additional income through various streams.
3. Manager's home with adjoining office and separate client entry.
4. Potential for redevelopment of site for 8 townhouses (subject to DA).
5. Realistic offer invited for sale.
6. Net profit of $28,250.
7. Remuneration/Body Corp Salary of $27,300 with annual CPI review.
8. Manager's unit with 4 bedrooms, 2 bathrooms, and 2 car spaces.
9. Pets allowed in the complex.
10. Complex type is permanent with a total of 15 units.
11. 3 units in the letting pool, 6 owner-occupied units, and 6 units managed by outside agents.
12. Complex has a pool for residents to enjoy.