Varsity Lakes, Queensland

Expressions of Interest

Property Description

Expressions of Interest.

If you are looking for the perfect permanent in the perfect location, this one will tick all the boxes.

Key Highlights:

- Excellent rental profile with 76 of 99 units in the letting pool
- Central Gold Coast location, ideal for tenants
- Substantial Body Corporate remuneration of $208,184
- 3 Bedroom, 2.5 bathroom large managers unit (inc 2 Car Garage)
- Easy to run single letting type.
- Close to the Gold Coasts best schools
- Very manageable grounds to maintain
- Large sinking fund of $500k
- No set office hours (Good flexibility)

Please make contact via email of phone to receive a full information pack upon signing of confidentiality agreement.

Property Summary

Business Snapshot

Price: Expressions of Interest Net Profit: $386,486 Remuneration / Body Corp Salary: $207,000

Managers Unit

Value of Managers Apartment: $595,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title
3 Bedroom, 2.5 bathroom. Double lock up garage.

Complex Information

Complex Type: PermanentTotal Units in Complex: 99Total Units in Letting Pool: 76Permanent Units: 76Owner Occupy Units: 20Outside Agent Units: 2Manager Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: Yes

Marketing Agent


Marketing Agency

Stratacorp

Charles Nurse
Stratacorp

Phone

Listing Tools

Property Map

Map Location ( get directions )

Varsity Lakes, Queensland 4227 Exact map location not provided

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