Southport, Queensland

Secure your future with a gold coast lifestyle, coupled with a great income | Resort Brokers ID : MR007272


Property Description

Properties of this calibre in the Gold Coast are tightly held and in high demand. With minimal caretaking duties and six in the letting pool, the business can easily be managed by one person. A supportive Body Corporate committee located on a quiet street has this business ticking all the boxes.

The manager's residence is a beautifully renovated three-bedroom, two-bathroom home. With a secure Body Corporate Salary of $78k and 14 years remaining on the agreements, the future is secure and your new Gold Coast lifestyle awaits. Current operators have been here 15 years and will provide an excellent handover and training. This is an extremely rare and unique business ever to be listed, so don't miss out on the exceptional lifestyle that Regal Palms has to offer.

  • 92 per cent of net profit from Body Corporate

  • No set office hours

  • Secure with long term operators of 15 years. All systems in place

  • Pool, barbecue, communal room and beautiful garden surrounds

  • Excellent location within close proximity to the beach, shopping and dining precincts

  • Tastefully renovated three-bedroom, two-bathroom manager’s residence

  • Property inspections are by appointment only

Date updated: 14 Aug 2022 23:00:10

Property Summary

Business Snapshot

Price: $1,080,000 Net Profit: $85,000 Remuneration / Body Corp Salary: $78,000

Managers Unit

Value of Managers Apartment: $720,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 44Total Units in Letting Pool: 6Holiday Units: 6Owner Occupy Units: 38Agreement Term Remaining: 14 years
Marketing Agent
Steve Campbell
Steve Campbell

Listing location

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