Tugun, Queensland

RESORT OPPORTUNITY ABSOLUTE BEACHFRONT!! 457K Net profit.

$3,315,000

Property Description

- Absolute beachfront - 74 unit “Holiday” complex - Good letting pool profile of 49 with 1 and 2 bedroom units. - This well managed complex was not really affected during COVID with good occupancies and good inquiries. Near airport right in the centre of all the action of cafes and shops but quiet enough to enjoy the beach at your doorstep ...literally. With a pathway on your front door leading to Burleigh and all the way to Coolangatta this really is a lovely lifestyle with a very good income and enough $ to hire some help if you wanted to enjoy what this has to offer.

Property Summary

Business Snapshot

Price: $3,315,000 Net Profit: $457,136 Remuneration / Body Corp Salary: $97,191

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 74Total Units in Letting Pool: 49Holiday Units: 49Outside Agent Units: 6Lockup Units: 8Agreement Term Remaining: 19 years
Marketing Agent
Kerrie Lush
Kerrie Lush

RAAS Property Group

RAAS Property Group

Listing location
Gallery

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