Main Beach, Queensland

$1,690,000

Property Description

Absolute beachfront holiday complex with net +$234 with 22.5 years left | Resort Brokers ID : MR006433

Perfect beach front holiday complex. This exceptional management rights with absolute beach frontage is right in heart of Main Beach. There is only 23 units in the complex with 14 in letting pool. Current MR operator has done all the hard work and needs to return to Canberra.



  • 22.5 years remain on accommodation agreements

  • Unit complex 14 in the letting pool out of 23

  • Majority lockups in complex

  • Great Net of over $234,000

  • Low price absolute beach front unit.

  • Building has had a upgrade with painting and lifts.



take a Virtual Tour:




Date updated: 29 Oct 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,690,000 Net Profit: $247,151 Remuneration / Body Corp Salary: $41,172

Managers Unit

Value of Managers Apartment: $570,000Bedrooms: 2Bathrooms: 1Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 23Total Units in Letting Pool: 14Holiday Units: 14Owner Occupy Units: 4Outside Agent Units: 4Agreement Term Remaining: 24 years

Marketing Agent


Marketing Agency

ResortBrokers

Paul Mueller
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Main Beach, Queensland 4217 Exact map location not provided

Similar Properties

TERRIFIC RETURN ON INVESTMENT!
New
Exclusive

LABRADOR
TERRIFIC RETURN ON INVESTMENT!

$1,640,800
Net Income: $235,675
Managers Estate: $380,000 3 Bed 2 Bath
Letting Pool: 80
Remuneration: $124,369

Property Bridge

CARRARA
THREE P’s - PRESTIGE, PERFECTION AND...

$1,744,199
Net Income: $197,000
Managers Estate: $610,000 2 Bed 2 Bath
Letting Pool: 96
Remuneration: $145,500

Property Bridge
NEW PERMANENT MR - OVER $200K NET PROFIT | Resort Brokers ID : MR006477
Updated

RICHLANDS
NEW PERMANENT MR - OVER $200K NET PROFIT |...

Bus $1.145M + Unit $419K
Net Income: $204,613
Managers Estate: $419,000 4 Bed 2 Bath
Letting Pool: 83
Remuneration: $99,600

ResortBrokers
CARETAKING ONLY PERMANENT
Updated
Exclusive

CARRARA
CARETAKING ONLY PERMANENT

$1,618,000
Net Income: $154,000
Managers Estate: $750,000 3 Bed 3 Bath
Letting Pool: 1
Remuneration: $154,000

Property Bridge

DOOLANDELLA
Business For Sale - UNDER CONTRACT - ID...

Under Contract / Offer
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales
Business For Sale - Price Reduced For Quick Sale - ID 8975 BL
Exclusive

ID 8975 BL PACIFIC PINES
Business For Sale - Price Reduced For Quick...

OFFERS BETWEEN $1,799,000 - $1,835,000
Net Income: $245,000
Managers Estate: $560,000 3 Bed 2 Bath
Letting Pool: 55
Remuneration: $82,308

MR Sales