Kings Beach, Queensland
$810,000
Property Description
Outstanding Business, Priced To Sell, 2.5x Multiplier! | Resort Brokers ID : MR006447
This modern resort, is the perfect property for a management team or solo operator looking to run a profitable business whilst maintaining a flexible lifestyle. With 9 apartments in the letting pool managed by the on-site manager, this business packs a profitable punch.
- 30% ROI
- $46,515.55 BC Salary
- Huge 3 bed, 2 bath residence
- Easily managed by solo operator
- Modern complex, heated pool, spa, BBQ & Lifts
- 9 in letting pool with further upshot
- Located only a short stroll to kings beach partolled surf beach
- Property inspections are by appointment only
Date updated: 05 Mar 2021 23:00:05
Property video:https://vimeo.com/ ---------- /9aa31bbe68
Property Summary
Business Snapshot
Price: $810,000 Net Profit: $94,658 Remuneration / Body Corp Salary: $46,515Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 24Total Units in Letting Pool: 9Holiday Units: 9Owner Occupy Units: 7Lockup Units: 2Agreement Term Remaining: 19 yearsMarketing Agent
Chenoa Daniel
- 07 387....
- 0403 1....
- send email
Glenn Millar
- 07 387....
- 0412 2....
- send email
Marketing Agency
ResortBrokers
Listing Tools
This listing last updated: 5th March 2021
Property Map
Map Location ( get directions )
Kings Beach, Queensland 4551 Exact map location not provided
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