Surfers Paradise, Queensland

Perfectly Run permanent with High BC salary

$1,230,000

Property Description

This previous Holiday building can be turned back into Holiday but changed into permanent during COVID. The Owners are glad with the current easier lifestyle change and happy with running it as a permanent. Office hours have been changed from 9.30 -12.30 in the agreement to reflect the permanent status. Close to shops and restaurants and great spot its a beautiful complex and very well run with HEAPS of space. Perfect for a semi retirement complex or one operator. Call Kerrie Lush ----------
FIGURES HAVE JUST BEEN DONE AND UPT TO DATE

Property Summary

Business Snapshot

Price: $1,230,000 Net Profit: $136,369 Remuneration / Body Corp Salary: $100,372

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 3

Complex Information

Complex Type: ResortTotal Units in Complex: 64Total Units in Letting Pool: 10Holiday Units: 10Agreement Term: 10 yearsAgreement Term Remaining: 9.6 years
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