Main Beach, Queensland

$1,275,000

Property Description

ONLY 4.1 MULTIPLIER...BEACHFRONT RESORT in Main Beach

BEACHFRONT RESORT in Main beach

This Beachfront Resort Complex is for sale in beautiful Main Beach. Most of the hard work has been done by current Managers with over 30 BC works being done and also units painted and fixed up, bathrooms and kitchens done etc. They are all tastefully done by the owners and the onsite Managers combined for higher returns with amazing views . A great beachfront location in the heart of Main Beach with a lovely two bedroom apartment is a good combination of good living with a good income.

This high rise complex is an established income earner in the heart of the tourist belt of popular Main Beach. The cafes and restaurants on Tedder Avenue are just steps away and a 24hour shop is just downstairs - this is a real draw for visitors. More importantly the beautiful white sand beach is right across the street.

The light and bright ground floor, two bedroom apartment has an open plan kitchen and a sizeable courtyard.

Combine your home and business with ease. Current owners have had to cut short their 10 year plan because of illness. This complex has been reduced for a quick sale and its a must to inspect for a great lifestyle good BC and running smoothly.

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

Property Summary

Business Snapshot

Price: $1,275,000 Net Profit: $188,000 Remuneration / Body Corp Salary: $85,186

Managers Unit

Value of Managers Apartment: $498,000Bedrooms: 2

Complex Information

Complex Type: ResortTotal Units in Complex: 45Total Units in Letting Pool: 17Holiday Units: 17Owner Occupy Units: 11Agreement Term: 10 yearsAgreement Term Remaining: 8.8 years

Marketing Agent


Marketing Agency

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Main Beach, Queensland 4217 Exact map location not provided

Similar Properties

ROBINA Permanent with GOLF COURSE FRONTAGE
New
Exclusive

ROBINA
ROBINA Permanent with GOLF COURSE FRONTA...

$1,252,000
Net Income: $140,000
Managers Estate: $580,000 3 Bed - Bath
Letting Pool: 38
Remuneration: $88,400

RAAS Group
Opportunity Awaits
New
Exclusive

SURFERS PARADISE
Opportunity Awaits

$1,296,900
Net Income: $177,000
Managers Estate: $445,000 2 Bed 2 Bath
Letting Pool: 39
Remuneration: $62,851

Property Bridge
Calling for "Experienced Management Rights Operators" looking for significant upside
Exclusive

SOUTHPORT
Calling for "Experienced Management Righ...

Huge Upside Potential. Unique Holiday Complex
Net Income: $205,000
Managers Estate: - 2 Bed 2 Bath
Letting Pool: 94
Remuneration:

Stratacorp

PALM COVE
Business For Sale - Established and Proven...

$1,199,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales
Outstanding Beachfront Business + Tranquility
Exclusive

PEREGIAN BEACH
Outstanding Beachfront Business + Tranqu...

$1,425,000
Net Income: $160,000
Managers Estate: $710,000 3 Bed 2 Bath
Letting Pool: 14
Remuneration: $47,000

Australian Resort Management Sales

TUGUN
Business For Sale - Absolute Beachfront...

$1,180,000
Net Income: $140,000
Managers Estate: $690,000 2 Bed 2 Bath
Letting Pool: 25
Remuneration: $59,690

MR Sales