Surfers Paradise, Queensland

$1,180,000

Property Description

RELAXED HOLIDAY BUSINESS

A lovely 3 storey walk-up Surfers Paradise building located in an especially peaceful part of paradise. This holiday business is very attractive to local travellers and business people “in the know” as it is away from the “hustle and bustle” of the entertainment precinct but still close enough to walk to the beach, Star Casino, Pacific Fair Shopping Centre, Cavill Avenue, the Gold Coast Convention Centre and Glink tram station.

The managers unit (size 130m2) has 2 bedrooms, 2 bathrooms with renovated ensuite, 2 car parks, a good-sized office attached and a private backyard.

Management Rights Agreements have been topped up with over 23 years remaining. A rewarding Body Corporate salary of $64,000, increasing according to CPI each year, awaits you.

Should you desire, there is also scope for a motivated manager to double the size of the current letting pool.

Does this quiet, but central Surfers Paradise Management Rights business appeal to you? Then you are more than welcome to arrange an inspection with me.

Property Summary

Business Snapshot

Price: $1,180,000 Net Profit: $156,000 Remuneration / Body Corp Salary: $64,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $429,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Ground Floor Apartment

Complex Information

Complex Type: HolidayStar Rating: 3Total Units in Complex: 39Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 9Outside Agent Units: 14Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesGames Room: YesBBQ Area: YesPay TV: Yes

Other Features / Notes

2 Bedroom, 2 Bathroom, 2 Car, Ground Floor Apartment

Marketing Agent


Marketing Agency

Property Bridge

Jenny Zheng
Property Bridge

Phone

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Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

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