HIDDEN BEACHSIDE GEM
This southern Gold Coast business is in a delightful location with the beach just across the road. Vibrant cafes, restaurants, surf club and more are a short stroll away.
Nestled in the tropical resort style complex, you have a massive lagoon pool, huge heated spa and BBQ facilities for all to enjoy.
21 years remain on management rights agreements with a body corporate salary of $93,000. Rental pool is a mix of long and short term stays.
Manager’s apartment offers a comfortable 3 bedroom, 2 bathroom, secure 2 car residence to enjoy the relaxed family holiday like atmosphere.
Net Profit: $300,437 Remuneration / Body Corp Salary: $93,251Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $599,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Manager’s apartment offers a comfortable 3 bedroom, 2 bathroom, secure 2 car residence
Complex InformationComplex Type: HolidayStar Rating: 3.5Total Units in Complex: 78Total Units in Letting Pool: 32Holiday Units: 12Permanent Units: 20Owner Occupy Units: 40Outside Agent Units: 4Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes