Redcliffe, Queensland


Property Description

Redcliffe Holiday / Corporate Opportunity

Incumbent manager needs to redeploy his time.

Multiplier is 5.1 which is very reasonable which makes it extremely saleable. Beautiful 3x bed 2x bath managers unit. Income including occupation rated and tariffs are available as well as agreements. All have been verified by management rights accountant and are available for inspection.

Please call either Haydn Meyer on 0411441727 or Robert Collins on 0404678792 to arrange an inspection.

Property Summary

Business Snapshot

Price: $1,998,000 Net Profit: $300,000 Remuneration / Body Corp Salary: $50,845

Managers Unit

Value of Managers Apartment: $568,000Bedrooms: 3

Complex Information

Complex Type: CorporateTotal Units in Complex: 40Total Units in Letting Pool: 33Holiday Units: 33Owner Occupy Units: 6Agreement Term Remaining: 24 years years

Marketing Agent

Marketing Agency

RAAS Group

Haydn Meyer
RAAS Group


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Map Location ( get directions )

Redcliffe, Queensland 4020 Exact map location not provided

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