Pacific Pines, Queensland
GOLD COAST PERMANENT LETTING GATED COMPLEX WITH HIGH NET PROFIT FOR SALE!!
SOLD
Business Description
As appointed Brokers, we are pleased to offer the Management Rights and associated Manager’s Real Estate of the Pacific Pines Central complex for sale.
The gated complex consists of 112 homes, all being 3 bedroom and over a combination of building types.
Common facilities include a beautiful swimming pool with entertaining gazebos, BBQ facilities, fully equipped gymnasium, tennis court, and over 82 visitor car parking spaces.
The permanent rental business enjoys full occupancy all year as it is near schools, shopping centres, and bus stops at the gate.
The current owners have operated this business for over 7 years and it is now time for retirement.
The property offers new owners a very solid income and there is still room to improve the bottom line.
The Manager’s residence is a free standing 4 bedroom. 2 bathroom home with private back yard and double garage and workshop.
There are no hours in the agreements, and the office is only open by appointment.
The complex offers a very high Body Corporate Salary and would suit a syndicate or family purchase.
Inspect this outstanding property quickly.
Business Summary
Managers Unit
Complex Information
Key Investment Insights
Key Insights:
1. Gated complex with 112 homes, all 3 bedrooms or larger.
2. Common facilities include a swimming pool, BBQ area, gym, and tennis court.
3. Full occupancy all year due to convenient location near schools, shopping centers, and bus stops.
4. Current owners have operated the business for over 7 years and are looking to retire.
5. Solid income with potential for further growth.
6. Manager's residence is a free-standing 4 bedroom, 2 bathroom home with private backyard and double garage.
7. No set hours in the agreements and office is only open by appointment.
8. High Body Corporate Salary.
9. Suitable for syndicate or family purchase.
10. Quick inspection recommended.
