Surfers Paradise, Queensland
Caretaking and Letting Just Minutes From The Beach!!
Under Contract / Offer
Business Description
Caretaking and Letting Just Minutes From The Beach!!
This compact complex in Surfers Paradise is situated in the perfect vacation area - just minutes from the beach. The complex features a lovely swimming pool and barbecue perfect for those idle afternoons to be able to sit and chat with friends and family. Images might not depict this complex.
On offer, a long term agreement, no need to reside onsite and no real estate to purchase.
Be quick to stake your claim.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $71,800 Remuneration / Body Corp Salary: $37,700
Complex Information
Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 5Owner Occupy Units: 9Outside Agent Units: 2Lockup Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Compact complex situated in a prime vacation area just minutes from the beach.
2. Features a lovely swimming pool and barbecue area, perfect for relaxation and socializing.
3. Long term agreement with no need to reside on site and no real estate to purchase.
4. Business has a net profit of $71,800 and a remuneration/body corp salary of $37,700.
5. Complex type is holiday with a total of 18 units, 5 of which are in the letting pool.
6. Owner occupancy units make up 9 of the total units, with 2 units being managed by outside agents and 2 lockup units.
7. Agreement module is accommodation with a term of 25 years, with 21 years remaining.
8. Amenities include a pool and BBQ area.
9. Business is under contract/offer, indicating high demand and interest.
10. Potential for growth and increased profitability with the right management and marketing strategies.
