Runaway Bay, Queensland

Enviable Lifestyle with a Reliable Cashflow

Price Reduced - $350K Business + $1.375M Villa

Business Description

Ideal for a semi retired couple or for a young family seeking a reliable second income stream, this stunning, waterfront, 3 bedroom villa with caretaker's salary is exactly what you are looking for!

Holiday every day with "east-to-water" views over your own pontoon and wide-water canal.

A superb location within Runaway Bay, a highly desirable family locale.

At Mornington Quays you will be surrounded by greenery and water aspects giving a feeling of privacy with tranquility.

Easy access to public transport, Runaway Bay and Harbour town shopping centres along with many restaurants, coffee shops and local schools, all within a short walk or drive.

Villa Features
* Master retreat with walk in robe, spacious ensuite with double vanity and shower
* Two extra generous sized bedrooms with built in robes
* Chef's kitchen with granite bench tops and an electric cooktop
* Spacious upstairs lounge with panoramic view of the wide canal water
* Three separate living spaces throughout the residence
* Decked and paved waterfront outdoor entertaining area including deck lounge, dining and occasional / reading nook
* Two split reverse cycle air conditioning units
* High ceilings, quality window fittings & large floor tiles
* Shared pontoon with power & water to accommodate a large boat
* Double lockup garage and adjacent visitors parking
* Downstairs powder room
* Body Corp Levies - $1,849* quarterly
* Council general rates - $977* bi-annually
* Council water and sewer rates - $415.18* quarterly

Complex Features
* Only 10 minutes to The Broadwater and only 20 minutes to the Seaway
* Marina Boardwalk
* Tennis court and cabana
* Pool
* Pet friendly complex

Management Rights business
* $88,988pa* (ex GST) current Caretaker salary
* No fixed hours; Do the caretaker's duties on your schedule
* Salary review annually - CPI mechanism every September
* Long term Caretaker agreement (expiry 28 September 2033)
* No letting pool however your discretion to develop onsite letting
* 35 villas / lots in complex
* Supportive committee with committee meetings historically only 3 times a year

This opportunity will not last. Contact the selling agent today!

*Approx.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Business Summary

Complex Information

Marketing Agent
Craig Cornish
Craig Cornish

Ray White Commercial Gold Coast

Ray White Commercial Gold Coast

Key Investment Insights

1. Ideal for semi-retired couples or young families seeking a reliable second income stream.
2. Stunning waterfront location with "east-to-water" views and private pontoon.
3. Located in highly desirable family-friendly area of Runaway Bay.
4. Surrounded by greenery and water aspects for a feeling of privacy and tranquility.
5. Easy access to public transport, shopping centers, restaurants, coffee shops, and schools.
6. Spacious 3 bedroom villa with master retreat, chef's kitchen, and multiple living spaces.
7. Outdoor entertaining area with deck, lounge, dining, and reading nook.
8. High ceilings, quality window fittings, and large floor tiles.
9. Shared pontoon with power and water for large boats.
10. Complex features include marina boardwalk, tennis court, pool, and pet-friendly.
11. Management rights business with current caretaker salary of $88,988pa.
12. No fixed hours for caretaker duties and annual salary review.
13. Long-term caretaker agreement and potential for onsite letting.
14. Supportive committee with infrequent meetings.
15. Close proximity to The Broadwater and Seaway.
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