Surfers Paradise, Queensland
Vendor Meets the Market!!
$200,000
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: $200,000
Net Profit: $58,000 Remuneration / Body Corp Salary: $37,000
Complex Information
Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 3Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Compact complex located in popular vacation area just minutes from the beach.
2. Features a lovely swimming pool and barbecue area for residents to enjoy.
3. Long-term agreement with no need to reside onsite and no real estate to purchase.
4. Opportunity for potential buyers to stake their claim quickly.
5. Net profit of $58,000 and remuneration/body corp salary of $37,000.
6. Complex type is holiday and there are a total of 18 units in the complex.
7. Only 3 units are currently in the letting pool.
8. Agreement module is accommodation with a term of 25 years.
9. 20 years remaining on the agreement term.
10. Complex amenities include a pool and BBQ area.
