Varsity Lakes, Queensland

$2,900,000

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 $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: $2,900,000 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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