South Townsville, Queensland

$1,565,000

Property Description

Location, Elegance and Quality

Magnificent building in the heart of the entertainment and restaurant hub of downtown South Townsville. Only 8 years old and every apartment has views of the marina and the ocean. Secure access to both the building and the car parking adds to the great feeling of the building.

Enter the foyer and be pleased by the shining tiled areas with open seating and the reception office. The four cores of the building each has a lift to whisk you to the comfort and privacy of your apartment and the massive balcony that gives you your views of the marina and channel.

Modern quality fittings, 2 bathrooms in each apartment and built in wardrobes in every bedroom.

The manager's apartment is completely separate from the office so when you are at home you are not at work. The building is not difficult to maintain in a pristine condition and the equipment is all supplied by the body corporate.

Financials:
BC Salary: $132,168
Net Profit: $225,863
Unit Price: $530,000
Business Price: $1,035,000
Total: $1,565,000

Please contact JWayne Holmes
wayneh@raas.com.au
0417 074 989

Property Summary

Business Snapshot

Price: $1,565,000 Net Profit: $225,863

Managers Unit

Value of Managers Apartment: $530,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 73Total Units in Letting Pool: 27Holiday Units: 27Owner Occupy Units: 38Agreement Term Remaining: 22 years

Marketing Agent


Marketing Agency

RAAS Group

Wayne Holmes
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

South Townsville, Queensland 4810 Exact map location not provided

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