Surfers Paradise, Queensland

$1,015,000

Property Description

PRICED to sell. Well oiled Holiday building

An excellent business. A great 3 storey walk-up. Very good location so can stroll to Central Surfers. Very popular area both for holiday and permanent letting.A very safe investment with potential for growth.
Gardens have been replanted and complex has generally been revamped. One of a few with water frontage! A very nice complex! Very large Modern Managers unit with renovated Kitchen.
Low multiplier. Separate Office on title. Low maintenance gardens. No set office hours . Repeat guests because they love the location. Great views to surfers from Most units and the pool sits right on the river for more stunning views.

Property Summary

Business Snapshot

Price: $1,015,000 Net Profit: $125,351 Remuneration / Body Corp Salary: $50,997

Managers Unit

Value of Managers Apartment: $395,000Bedrooms: 3

Complex Information

Complex Type: ResortTotal Units in Complex: 35Total Units in Letting Pool: 17Holiday Units: 17Agreement Term: 25 yearsAgreement Term Remaining: 20 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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