53 Darrambal Street, Surfers Paradise, Queensland

Permanent Management Rights in the heart of the Gold Coast. No Office hours and easy operation.

$1,325,000

Property Description

700m to the beach
12 units in permanent letting pool
2 bed, 2 bath, 1 car, Manager’s unit included
Net profit approx. $143,000
BC salary of $88,620 plus GST with 3% yearly increases included
23 years to run
Bonus income through Body Corp Maintenance
Heated swimming pool, spa and sauna
Security parking and gym
Unit value: $595,000
Business value: $730,000

Property Summary