4/302 Christine Avenue, Varsity Lakes, Queensland

$2,850,000

Property Description

LARGE VARSITY LAKES PERMANENT

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 $212,191
- 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 or phone to receive a full information pack upon signing of confidentiality agreement.

Property Summary

Business Snapshot

Price: $2,850,000 Net Profit: $386,486 Remuneration / Body Corp Salary: $207,000

Managers Unit

Value of Managers Apartment: $2,255,000Bedrooms: 3Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 99Total Units in Letting Pool: 76Permanent Units: 76Owner Occupy Units: 20Outside Agent Units: 2Manager Units: 1Pool: YesSpa: Yes

Marketing Agent


Marketing Agency

Stratacorp

Charles Nurse
Stratacorp

Phone

Listing Tools

Property Map

Map Location ( get directions )

4/302 Christine Avenue, Varsity Lakes, Queensland 4227

Similar Properties

Stylish Apartments in Blue Chip Position
New
Exclusive

SUNSHINE BEACH
Stylish Apartments in Blue Chip Position

$2,950,000
Net Income: $353,862
Managers Estate: $900,000 2 Bed 2 Bath
Letting Pool: 19
Remuneration: $67,091

Australian Resort Management Sales

VARSITY LAKES
Permanent Offering Lifestyle and Substan...

$2,875,000
Net Income: $386,400
Managers Estate: $595,000 - Bed - Bath
Letting Pool: 23
Remuneration: $212,100

Gavern Property - Management Rights
WONDERFUL WATERFRONT HIGH-RISE
Exclusive

HAMILTON
WONDERFUL WATERFRONT HIGH-RISE

$2,852,000
Net Income: $381,000
Managers Estate: $650,000 2 Bed 2 Bath
Letting Pool: 162
Remuneration: $179,000

Property Bridge

VARSITY LAKES
Business For Sale - Rare Find in Varsity...

$2,875,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales

SURFERS PARADISE
Business For Sale - Price Reduced For Quick...

$2,995,000
Net Income: $436,196
Managers Estate: $875,000 - Bed - Bath
Letting Pool: 80
Remuneration: $184,481

MR Sales

MAIN BEACH
LIVE OFF SITE !!!ITS A SECRET BUT A VERY...

EXPRESSIONS OF INTEREST
Net Income: $432,000
Managers Estate: $320,000 - Bed - Bath
Letting Pool: 100
Remuneration: $449,669

RAAS Group