Surfers Paradise, Queensland

Caretaking and Letting Just Minutes From The Beach!!

SOLD

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: SOLD 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
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

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.
Listing location
Gallery

This Business is sold

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