Varsity Lakes, Queensland

Waterfront Lifestyle business that will impress - must see! | Resort Brokers ID : MR006790

$1,195,000

Property Description

This perfectly located, central Gold Coast waterfront permanent complex is a little gem. No set office hours, wonderful facilities and water views from the impressive modern manager's 3 bed residence. It's the one you are looking for!



  • $112k net profit

  • 25 year topped up agreements

  • No set office hours

  • Wonderful resort facilities that are easy to manage

  • Modern design and beautifully presented

  • Water views from the manager's 3 bed, 2.5 bath, 3 car residence + office

  • This is the ultimate lifestyle business ready for new managers to enjoy

  • Property inspections are by appointment only

Date updated: 23 Sep 2021 23:00:06

Property Summary

Business Snapshot

Price: $1,195,000 Net Profit: $112,279 Remuneration / Body Corp Salary: $58,471

Managers Unit

Value of Managers Apartment: $685,000Bedrooms: 3Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 49Total Units in Letting Pool: 26Holiday Units: 26Owner Occupy Units: 14Outside Agent Units: 9Agreement Term Remaining: 25 years
Marketing Agent
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