Surfers Paradise, Queensland

Permanent Complex in a Prime Location!!

$1,290,000

Business Description

Permanent Complex in a Prime Location!!

This complex is situated in Surfers Paradise which is a bustling coastal suburb located on the Gold Coast. Its iconic skyline and pristine beaches make it a highly sought-after destination for residents and tourists alike.

Ideally located only a short stroll to the heart on Surfers Paradise, Patrolled beaches, cafes, light rail & public transport, shops, restaurants and parks. Also situated within close proximity to both public and private primary and secondary schools, and offering residents and guests access to a range of parks, recreational facilities, and of course, the world-renowned beaches.

Some of the resort facilities on offer include, pool, spa, tennis court, BBQ, games room and secure parking.

On offer as a start in the industry with no need to live onsite and no fixed hours, with abundant potential for the astute manager.

The managers unit is 2 bed with an adjoining office, exclusive use storage and ample secure parking.

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: $1,290,000 Net Profit: $155,900 Remuneration / Body Corp Salary: $110,700

Managers Unit

Value of Managers Apartment: $610,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 60Total Units in Letting Pool: 18Owner Occupy Units: 9Outside Agent Units: 33Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesTennis Court: YesGames Room: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Located in a highly sought-after destination for residents and tourists alike - Surfers Paradise, Gold Coast.
2. Prime location within walking distance to the heart of Surfers Paradise, patrolled beaches, cafes, public transport, shops, and restaurants.
3. Close proximity to both public and private primary and secondary schools.
4. Access to a range of parks, recreational facilities, and world-renowned beaches.
5. Resort facilities include a pool, spa, tennis court, BBQ, games room, and secure parking.
6. No need to live onsite and no fixed hours, offering flexibility for the manager.
7. Abundant potential for the astute manager.
8. Managers unit includes 2 bedrooms, an adjoining office, exclusive use storage, and ample secure parking.
9. Opportunity to enter the industry with a well-established complex.
10. Disclaimer: Information is deemed accurate but prospective purchasers should make their own enquiries to verify.

Management Rights Multiplier: 4.36
ROI Estimate: 22.93%