Mermaid Beach, Queensland

$1,380,000

Property Description

MERMAID BEACH PERMANENT

Positioned in the Gold Coasts most reliable permanent tenant catchment area, this Permanent Management Rights business offers huge potential for an owner/operator team to settle into a new building with low-maintenance required. Providing a large 3 Bedroom plus Study managers unit, Office on separate title, substantial storage and 2 car spaces, this business appeals to operators looking for a great onsite place to live, work and play.
Key Highlights
? New modern ?Permanent Let? building
? Strong Body Corporate Salary
? Good potential for letting pool growth
? Minimal grounds (Simple to maintain)
? Great proximity to the beach (Walking distance)
? Separate office from managers apartment
? Long agreements (22 years to run)
? 3 Bed + Study / 2 Bath / 2 Car Unit (Plus loads of storage)

Property Summary

Business Snapshot

Price: $1,380,000 Net Profit: $126,636 Remuneration / Body Corp Salary: $83,229

Managers Unit

Value of Managers Apartment: $775,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 59Total Units in Letting Pool: 17Permanent Units: 17Owner Occupy Units: 27Outside Agent Units: 15WIFI: Yes

Marketing Agent


Marketing Agency

Stratacorp

Charles Nurse
Stratacorp

Phone

Listing Tools

Property Map

Map Location ( get directions )

Mermaid Beach, Queensland 4218 Exact map location not provided

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