Leave the car behind and enjoy this perfectly located Gold Coast Management Rights. So close to the GLink tram and a few minutes to Broadbeach, Pacific Fair Shopping Centre and Cavill Avenue.
Close proximity to the Gold Coast Convention Centre and Star Casino make this complex a popular holiday destination.
Management Agreements have 20 years remaining with a rewarding Body Corporate salary of $63,000.
Plenty of potential upside for an enthusiastic incoming manager to improve income with eleven of the resort’s apartments under management with outside agents.
Net Profit: $177,000 Remuneration / Body Corp Salary: $62,851Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $445,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Ground Floor Apartment
Complex InformationComplex Type: HolidayStar Rating: 3Total Units in Complex: 39Total Units in Letting Pool: 17Holiday Units: 17Owner Occupy Units: 10Outside Agent Units: 11Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesGames Room: YesBBQ Area: YesPay TV: Yes
Other Features / Notes
2 Bedroom, 2 Bathroom, 2 Car, Ground Floor Apartment