Key Investment Insights
AI generated. Confirm details with the seller.
1. Established holiday complex caretaking and letting business in Surfers Paradise, minutes from the beach.
2. Reported net profit of $71,800, plus remuneration or body corporate salary of $37,700.
3. Long term 25 year agreement with 21 years remaining, providing tenure visibility.
4. No requirement to reside onsite and no real estate purchase required.
5. Compact complex comprising 18 total units, with five units in the letting pool.
6. Swimming pool and barbecue area provide appealing shared facilities for holiday guests.
7. Surfers Paradise location offers proximity to the beach and established holiday accommodation appeal.