Surfers Paradise, Queensland

$1,229,000

Property Description

PEACEFUL HOLIDAY LIVING Amazing Views

PEACEFUL HOLIDAY LIVING Amazing views

This Holiday apartment building is ideally situated...a short stroll to the Beaches, shops and excitement of Surfers Paradise but located in a quiet pocket away from the noise.

The complex enjoys beach views, River views, a quiet sandy beach and a tree covered park where guests spend hours enjoying the Gold Coast sunshine.

The complex has a total of 56 apartments. The letting pool has 13 apartments; 11 In the holiday. There is plenty of potential for new business in this complex.

The Financials reflect the following numbers:
Net Income: $162,00
Business Price: $729,000
Unit Price: $500,000
Total Price : $1229 Million There are 10 years left on agreement the Gallery Vie clause also been removed.

The Views from this gorgeous building are amazing. Enjoy water views from your office all day long. The Managers apartment has been renovated tastefully and there is a beautiful back covered deck for relaxation and privacy.
call Kerrie Lush on 0416 084 693 or email kerrie@raas.com.au

Property Summary

Business Snapshot

Price: $1,229,000 Net Profit: $162,000 Remuneration / Body Corp Salary: $92,986

Managers Unit

Value of Managers Apartment: $500,000Bedrooms: 2

Complex Information

Complex Type: ResortTotal Units in Complex: 56Total Units in Letting Pool: 13Holiday Units: 13Agreement 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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