Runaway Bay, Queensland

$850,000

Property Description

Caretaking Only - No Licence Required, On Waterfront Northern Gold Coast. | Resort Brokers ID : MR005362

Beautiful and well-presented complex with caretaking only, new 10-year agreement and blue water access for your boat. All the hard work is done and the current manager looking to retire.



  • Excellently located permanent management rights

  • Peaceful boaties paradise surrounded by lush greenery 


  • Stunningly light and modern apartment with expansive private balcony area 


  • Many extras purchased with the unit including two car parks and additional storage 


  • Good body corporate salary with room to grow the letting pool over time 


  • Very healthy sinking fund of $182,000 with no immediate maintenance required 



NB: Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $850,000 Net Profit: $74,654 Remuneration / Body Corp Salary: $66,864

Managers Unit

Value of Managers Apartment: $635,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 34Owner Occupy Units: 29Outside Agent Units: 4Lockup Units: 1Agreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

ResortBrokers

Paul Mueller
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Runaway Bay, Queensland 4216 Exact map location not provided

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