Broadbeach, Queensland

$748,000

Property Description

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!

Financials:
BC Salary: $35,400
Net Profit: $124,000
Unit Price: $265,000
Business Price: $483,000
Total Price: $748,000

Property Summary

Business Snapshot

Price: $748,000 Net Profit: $124,000 Remuneration / Body Corp Salary: $35,400

Managers Unit

Value of Managers Apartment: $265,000Bedrooms: 1

Complex Information

Complex Type: ResortTotal Units in Complex: 19Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

RAAS Group

Jon Love
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Broadbeach, Queensland 4218 Exact map location not provided

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