Currumbin, Queensland

$2,129,000

Property Description

OUTSTANDING RESORT OPPORTUNITY 300+ Net

Beautiful Tropical Quiet complex.

-NO SET OFFICE HOURS ON AGREEMENT
-LIVE OFF SITE
- 78 units complex.
- Large 3 Bedroom Managers Unit.
- 25 Year Accommodation Module with 21 years to run.
- Excellent Body Corporate Remuneration and manageable grounds to maintain.
- Comfortable letting pool profile of 32 with 2 and 3 bedroom units.
- Units in the letting pool are primarily permanent lending opportunity to bring back into the holiday pool.
-Hi Occupancy Rate, has been very well run
- 5 Minutes from Coolangatta Airport.
- Stunning lagoon style pool and surrounds + heated spa.
- 2 minutes walk to Currumbin restaurants and 3 mins to Tugun shops.
- A stones throw from the beach and walking distance to the famous sheltered patrolled Currumbin Alley lagoon. (Perfect for Children)

Unit Price: $599,000
Net Income: $300,000
Business Price: $1,530,000
Total Price: $2,129,000

Call Kerrie Lush 0416 084 693
kerrie@raas.com.au

Property Summary

Business Snapshot

Price: $2,129,000 Net Profit: $300,437 Remuneration / Body Corp Salary: $93,251

Managers Unit

Value of Managers Apartment: $599,000Bedrooms: 3

Complex Information

Complex Type: ResortTotal Units in Complex: 78Total Units in Letting Pool: 32Holiday Units: 32Agreement Term: 25 yearsAgreement Term Remaining: 21 years

Marketing Agent


Marketing Agency

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Currumbin, Queensland 4223 Exact map location not provided

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