A quality business comprised of both holiday and permanent resident rentals.
Located within a one minute walk to Miami beach, this 3 storey walk up apartment complex surrounds a Pool, Spa and BBQ area set amongst beautiful low maintenance tropical gardens. All apartments have 2 bedrooms, 2 bathrooms, full kitchens, laundry facilities, lounge and dining area, Foxtel, Wi-fi, and secure car parking. Conveniently located near patrolled surf beach, parks & playgrounds, surf clubs, great shopping and quality restaurants.
Great potential to increase business profitability through acquisition of outside agent’s letting pool.
Business SnapshotPrice: $1,900,000Net Profit: $301,845 Remuneration: $82,380
Managers UnitValue of Managers Apartment: $450,000Bedrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Lovely 2 Bedroom apartment
Complex InformationStar Rating: 3.5Total Letting Pool: 29Agreement Module: AccommodationAgreement Term: 20 years
Other Features / Notes
Heated Pool, Spa, BBQ, Secure parking, CCTV, WiFi, Foxtel