Southport, Queensland

Caretaking of Quality, Luxury and Permanent!!

SOLD

Business Description

Caretaking of Quality, Luxury and Permanent!!

This Caretaking Only at this stage, is in a magnificent secure gated complex located in the Gold Coasts most prestigious and exclusive T.S.S precinct.

This complex is in close proximity to excellent Public and Private Schools, Restaurants, Yacht and Surf Clubs, main access routes to both Coolangatta and Brisbane, whilst also being close to the Light Rail stations, Shopping Centres, Medical facilities and the Broadwater. The scale and vision of this complex is breathtaking, with a private environment location, quality and luxurious fittings and fixtures.

The Manager's apartment is located on the ground floor and is of two bedroom, two bathroom design with a separate study leading out to an on-title private balcony/courtyard, with private access to the pool. A spacious and luxurious apartment with high ceilings, reverse cycle ducted air-conditioning, upmarket kitchen with 2 pak gloss finished doors, granite benchtops and splashbacks, Miele appliances, Grohe tapware, Villeroy & Boch toilet suites and basins with spa bath, marble tiles and wool carpets all ensures for comfortable living.

A desirable property not to be missed.

To arrange an inspection please call: Gavin - ---------- or email: ----------

Business Summary

Business Snapshot

Price: SOLD Net Profit: $81,400 Remuneration / Body Corp Salary: $81,400

Managers Unit

Value of Managers Apartment: $880,000Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 28

Marketing Agent

Gavern Property

Gavern Property - Management Rights

Key Investment Insights

1. Located in a secure gated complex in the prestigious T.S.S precinct.
2. Close proximity to excellent schools, restaurants, and recreational facilities.
3. Convenient access to major transportation routes and public transport.
4. Luxurious and high-quality fittings and fixtures throughout the complex.
5. Manager's apartment is spacious and well-appointed with private access to the pool.
6. Desirable and sought-after property with potential for comfortable living.
7. Net profit of $81,400 and remuneration/Body Corp salary of $81,400.
8. Manager's apartment valued at $880,000.
9. Permanent complex with a total of 28 units.
10. Opportunity for a comfortable and luxurious lifestyle.

Management Rights Multiplier: 5.22
ROI Estimate: 6.24%