Surfers Paradise, Queensland

$740,000

Property Description

Business For Sale - Permanent Complex - Growth Opportunity - ID 8559 BL

Surfers Paradise Management Rights For Sale

- Mid rise complex in quiet, leafy location. Overlooking park and wide water expanse
- 43 apartments with 8 in the letting pool
- Growth opportunity with 7 outside agents
- Easy to maintain complex in close proximity to the heart of Surfers Paradise and the beach
- Two bedroom, air-conditioned managers unit with small office on title
- Good Body Corporate salary and quiet, friendly environment

The current manager is seeking retirement due to ill health. Located in a highly tenanted area with impressive views over Surfers Paradise.

Net Profit: $90,398
Asking Price: $740,000
(Inclusive of managers real estate)

For further information of to arrange an inspection of this Surfers Paradise management rights business for sale contact the listing broker:

Phil Trimble
Servicing QLD

Property Summary

Business Snapshot

Price: $740,000 Net Profit: $90,398 Remuneration / Body Corp Salary: $82,576

Managers Unit

Value of Managers Apartment: $370,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On Title
Ceiling Fans

Complex Information

Complex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 8Permanent Units: 8Owner Occupy Units: 20Outside Agent Units: 14Lockup Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 10 yearsBBQ Area: YesPay TV: Yes

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

This listing last updated: 12th September 2018

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

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