$999,000. All offers presented.
MEDIUM RISE, SURFERS PARADISE
-Perfectly located midway between trendy suburbs of Broadbeach and Surfers Paradise.
-Manageable size, perfect for a husband and wife couple or single operator with partner working offsite.
-19 years of agreement still to run.
-Consistent occupancy sitting at 75%, opportunity to grow occupancy for further growth.
-Close proximity to Beach, Convention Centre, Casino, The newly enlarged Pacific Fair Shopping Centre and Broadbeach Shops and Restaurants.
-Very easy manageable pool and surrounds with very little garden maintenance.
-Easy access to Theme Parks and Broadwater Activities.
-Extensive storage for incoming manager
To arrange to view this fantastic business or for further information please contact listing agents Dustin Allen or Charles Nurse.
Net Profit: $137,987 Remuneration / Body Corp Salary: $40,495
Managers UnitValue of Managers Apartment: $399,000Bedrooms: 2Bathrooms: 2Office: On TitlePets OK: Yes
The Managers residence is a good sized 2 bedroom, 2 bathroom unit with office on title. Complete with modern appliances and amenities there is certainly nothing that you will need to do, just move in!! The master bedroom has its own ensuite, with a main bathroom for the remaining bedroom and visitors. The exclusive use office allows immediate access from the managers apartment. Lastly to note, there is a large outdoor entertaining area exclusively for the managers unit.
Complex InformationComplex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 3Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesBBQ Area: Yes