Prominently positioned management rights in Mooloolaba, this property offers a central location with a good income for a couple to run. 25 units in the letting pool all being 2 bed, 2 bath apartments over 6 levels & accessible by lift with ocean views from some apartments. This complex offers variety for guests & visitors with well appointed units close to the beach & the Esplanade which enjoys many cafes, restaurants and boutique shopping. The current owner has been there 9 years and this offers the new operator the opportunity to stamp their mark & live in a fantastic location at a realistic price. Is it your time for change?
Business SnapshotPrice: $2,025,000Net Profit: $279,800 Remuneration: $48,100
Managers UnitValue of Managers Apartment: $525,000Bedrooms: 2Car Spaces: 2Office: On Title
Managers residence offer 2 beds & 2 bathrooms. Lower floor with private fenced garden/patio area. Aircon in living. Secondary private patio area off second bedroom. Integrated laundry & bathroom. Realistically priced at $525k
Complex InformationTotal Letting Pool: 25Agreement Module: AccommodationAgreement Term: 25 years