Surfers Paradise, Queensland

$1,350,000

Property Description

Surfers Paradise Holiday & Permanent letting - $231k NET | Resort Brokers ID : MR005739

Boutique holiday & permanent complex with a good letting pool and central to everything.



  • Well priced for a great return on investment

  • Well established business with a great track record

  • 17 of 25 years agreement remaining

  • At 70% average occupancy, it has room to grow the profit

  • Minimal lawns and largely self-maintaining grounds

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $1,350,000 Net Profit: $201,473 Remuneration / Body Corp Salary: $102,128

Managers Unit

Value of Managers Apartment: $425,000

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 50Total Units in Letting Pool: 20Holiday Units: 20Owner Occupy Units: 22Outside Agent Units: 6Lockup Units: 1Agreement Term Remaining: 17 years

Marketing Agent


Marketing Agency

ResortBrokers

Steve Campbell
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

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