Surfers Paradise, Queensland

$2,415,000

Property Description

MASSIVE OPPORTUNITY FOR EXPERIENCED OPERATOR

- Great upside with this tower style building 106 Units (Only 29 in letting pool)
- Perfect opportunity for an experienced operator to lift occupancy, letting pool and rates
- Solid Short-Term Holiday focused letting pool
- Large separate modern lobby reception area and back office
- Absolute beachfront location
- Excellent (Hotel Style) facilities catering for a wide audience including conference room
- Stunning coastal and hinterland views
- Great resort for family and International guests
- Great oceanside managers residence
- Separate large front and back office (On-Title)

This building is not to be missed and priced appropriately for a good team to step in and take it to the next level.

Please call Charles Nurse for further information

Property Summary

Business Snapshot

Price: $2,415,000 Net Profit: $350,000 Remuneration / Body Corp Salary: $217,514

Managers Unit

Value of Managers Apartment: $595,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex Type: HolidayTotal Units in Complex: 106Total Units in Letting Pool: 29Holiday Units: 26Permanent Units: 3Owner Occupy Units: 26Outside Agent Units: 6Lockup Units: 40Manager Units: 1Agreement Module: StandardAgreement Term Remaining: 13 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesWIFI: YesFunction Facilities: Yes

Marketing Agent


Marketing Agency

Stratacorp

Charles Nurse
Stratacorp

Phone

Listing Tools

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

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