Resort has direct beach access with no roads to cross. This business is still on the increase so plenty of potential left, particularly with the development in the area now – more visitors to this position and two units likely to come back into the letting pool. Surf beach is now patrolled. Huge amounts of storage for the manager and the ability to live off site make this an attractive proposition.
Property facilities include:
- Swimming Pool
- Cable TV
- Tennis Court
- Security Undercover Parking
- BBQ Facilities
- Lift Access
Business SnapshotPrice: $1,450,000Net Profit: $1,850,000 Remuneration: $55,595
Managers UnitValue of Managers Apartment: $535,000Bedrooms: 3Car Spaces: 1Office: On TitlePets OK: No
Well presented 3 bedroom manager's unit located in one of the smaller absolute beachfront resorts on stunning Marcoola Beach. Elevated and with cool sea breezes, this unit offers an open plan living area, modern kitchen with stone benches, spacious bedrooms with built-in wardrobes, 2 bathrooms and a separate laundry.
Complex InformationTotal Letting Pool: 24Agreement Term: 25 years