Kings Beach, Queensland

$1,090,000 ONO

Property Description

Stunning Permanent Management Rights in Kings Beach

- Perfectly Located in the Prestigious Heart of Kings Beach, Offering Ocean Charm
Stunning permanent building complete with impressive resort like facilities, pool, spa, full gym and sauna
A short stroll to great beaches, cafes, restaurants, shopping precinct, schools and the festive Street Market on Sundays
Close to the booming Caloundra which has everything as you want
15 minutes' ride to Sunshine Coast University Hospital and University Private Hospital
- Well established and Very well run complex, all procedures documented
- Long agreement 22 years left on a 25 years accommodation module
- Fantastic Body Corporate salary of $107K, with annual CPI adjustment every Nov
- "CLEAN" Income Page
Little income on repairs and maintenance.
Not included in P&L, easy cash income $4,000 from security fobs and remote, storages rental and etc. Great income upsides potentials!
- Easy Letting Works
Only 10 in letting pool, easy job and there is a good room potential for letting to grow
- Body Corporate very good and supportive to work with
- Luxury and Spacious Manager Residence
Offers luxury three bedrooms, two bathrooms,
Well-designed layout, cross ventilation and breezes
Morden lounge, dining room, kitchen, laundry and patio
Detached back office and reception on title and plenty of basement storages and two car spaces on title.

Come on in and reap the rewards that this fantastic offering has to offer.
This is the Goldilocks complex, offering a great lifestyle and solid business. Just Right!

Property Summary

Business Snapshot

Price: $1,090,000 ONO Net Profit: $123,388 Remuneration / Body Corp Salary: $107,299

Managers Unit

Value of Managers Apartment: $535,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: No

Complex Information

Complex Type: PermanentTotal Units in Complex: 76Total Units in Letting Pool: 10Permanent Units: 10Owner Occupy Units: 60Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

Next Business & Property Sales

Next Business & Property Sales

Next Business & Property Sales

David Jiang
Next Business & Property Sales

Phone

Listing Tools

This listing last updated: 25th September 2018

Property Map

Map Location ( get directions )

Kings Beach, Queensland 4551 Exact map location not provided

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