Yeppoon - Ocean View Management Rights - 1P5372MR
Management Rights $1,140,000 neg.
EXCLUSIVE TO CRE BROKERS. This beautiful complex overlooking the Pacific at Yeppoon, is just minutes walk from the Town Centre, the cafes, restaurants and patrolled beaches of Yeppoon.
Each apartment offers ocean views and the complex is easy to maintain with only a pool and BBQ area.
Yeppoon offers the ultimate laid-back beach lifestyle with the convenience of nearby Rockhampton, the Beef Capital of Australia, with all its essential infrastructure including airport is just a short 35 minute drive down the road.
TOTAL NUMBER OF UNITS : 15
UNITS IN LETTING POOL : 11
NET PROFIT : $200,000K (verified by Holmans)
MANAGER'S RESIDENCE : Stunning ocean views with reception downstairs
REAL ESTATE PRICE : $520,000
BUSINESS PRICE $620,000
TOTAL ASKING PRICE : $1,140,000 neg.
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Fraser Coast