Coolangatta, Queensland

$1,120,000

Property Description

Southern Gold Coast Beauty!!!

Fantastic Management Rights Gold Coast complex situated in a prime position just a few minutes' walk to both Rainbow Bay and the Twin Towns entertainment complex.

* Booming Location
* No set office hours on agreement
* Net $170,000
* Secure undercover parking
*One of the nicest entertainment pool areas

On the business side there are minimal requirements to attend to, with flexible hours to suit. As there's no Body Corp set office hours, you are free to set the hours you want to work. The owners 2 bedroom apartment leads into the office which has security cameras monitoring it, so that you don't need to be sitting in the office unless you want to be.

The complex is in immaculate condition and has a very strong return rate of clientele. With a good strong letting pool this is certainly easy to maintain and grow if you wish to.

Want this Fantastic lifestyle business!!

In Sept they are going for another 5 year top up !!

Property Summary

Business Snapshot

Price: $1,120,000 Net Profit: $150,654 Remuneration / Body Corp Salary: $45,000

Managers Unit

Value of Managers Apartment: $440,000Bedrooms: 2

Complex Information

Complex Type: ResortTotal Units in Complex: 36Total Units in Letting Pool: 17Holiday Units: 17Owner Occupy Units: 11Agreement Term: 25 yearsAgreement Term Remaining: 19 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Coolangatta, Queensland 4225 Exact map location not provided

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