Located directly opposite the beach, this lovely mid-rise holiday apartment complex is a short walk to dining, markets, shopping and parks.
It’s time for the current long standing owner to move on, which now represents a wonderful opportunity for the incoming manager to enjoy all the benefits such a well balanced work and life style business such as this can offer.
A terrific location that is hard to beat lends itself perfectly to this holiday letting business.
With all these attributes, a roomy two bedroom managers apartment and ocean views you will be hard pressed to find a better business in this price range.
Net Profit: $153,000 Remuneration / Body Corp Salary: $29,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $760,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Ocean views. Roomy two bedroom.
Complex InformationComplex Type: HolidayStar Rating: 3.5Total Units in Complex: 21Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 2Outside Agent Units: 4Lockup Units: 2Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes
Other Features / Notes