Excellent Holiday Location
Ideally situated in the beachside village of Cotton Tree and Maroochydore only minutes to the Sunshine Coasts CBD.
In the heart of Queensland’s magnificent Sunshine Coast the best family holiday getaway location alongside the fabulous Maroochydore Surf Beach.
Mini hi-rise building easily run by 1 person.
There are currently 5 properties outside the complex in the manager's rental pool. This number could easily be expanded, adding to the bottom line.
Property facilities include:
- Swimming Pool
- Security Undercover Parking
- BBQ Facilities
- Lift Access
Net Profit: $102,733 Remuneration / Body Corp Salary: $21,049Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $540,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: Yes
Air-conditioning in the lounge and main bedroom, 3m ceilings, granite benchtops, spa and spacious enclosed courtyard area.
Complex InformationComplex Type: HolidayTotal Units in Complex: 13Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 3Outside Agent Units: 1Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 19 years yearsPool: Yes