Management Rights with a solid net profit just a couple of block from the heart of Broadbeach!
No need to live on-site!!!
A fabulous maintained complex set in tropical gardens with great returns from the letting pool! A recent paint redecoration inside and out along with a modernised pool leaves nothing to do. No stairs just use the lift! A night security gate and underground parking adds to the fine detail. A modern office is located in the spacious lobby adding substance to the welcoming surrounds. A walk to the beach, shops and restaurants. Easily run by one person. A must see!
BC Salary: $35,400
Net Profit: $124,000
Unit Price: $265,000
Business Price: $483,000
Total Price: $748,000
Net Profit: $124,000 Remuneration / Body Corp Salary: $35,400
Managers UnitValue of Managers Apartment: $265,000Bedrooms: 1
Complex InformationComplex Type: ResortTotal Units in Complex: 19Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 10 years