Surfers Paradise, Queensland

$921,000

Property Description

POSITION AND POTENTIAL!!

What a fantastic location! Just across the road from the beach and a short stroll to Cavil Mall and the newly revitalised heart of Surfers Paradise.

This well maintained twenty year old building is flanked by some of the most prestigious and iconic buildings on the coast yet still manages to offer affordable quality accommodation to its many repeat guests.

The complex comprises both one and two bedroom units with full kitchens, washing machine and dryer, Foxtel, DVD, Internet, en-suites in two bedroom units and balcony for outdoor living. Attractive pool and BBQ area fronts the building.

Easily manged by one (current manager is running the business herself). Would suit a couple looking for a bit of spare time or for one to work off site.

Property Summary

Business Snapshot

Price: $921,000 Net Profit: $118,000 Remuneration / Body Corp Salary: $48,000

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 2

Complex Information

Complex Type: ResortTotal Units in Complex: 32Total Units in Letting Pool: 12Holiday Units: 12Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

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