Management Rights:

Tel: 0459 229 ...

Surfers Paradise, QLD : $ 818,000

Last update: 05 November 2021.
 management rights
Financial Data
Listing Status current
Price $ 818,000
Net Income (explanation) $ 80,000 (actual)
Remuneration (explanation) $ 52,000
Complex Specifics
Location (Read Suburb Profile) Surfers Paradise QLD, 4217
Complex Features
  • Heated Pool;
  • BBQ area;
  • CCTV;
  • Secure basement parking;
  • lift;
  • security entrance;
  • WIFI;
  • Manager`s Realestate
    Manager`s Bedrooms 2
    Manager`s Bathrooms 2
    Manager`s Car Spaces 1
    Office Hours No Set Hours
    Manager's Realestate Value $ 490,000
    Letting Rights
    Agreement Term 10 years
    Agreement Remaining 10 years
    Total Units 32
    Units in Letting Pool 12
    Outside Agents 11
    Owner Occupiers 8

    Massive Opportunity - Prime Location For Permanent!

    This is a great complex in the heart of Surfers Paradise located on the Esplanade right opposite the Surfer Paradise beachfront. The building consist of 32 x 1 & 2 bedroom apartments all with views of the ocean. There is no set office hours and no requirement to reside onsite The business is currently being run by 1 person and the manager's unit is rented for $560 pw (not included in stated net profit). Plenty of scope and potential given there is 11 units with outside agents. There is also the ability to convert the units back to short term in the future. This is a big opportunity for someone that should not be missed!

    (3869116)

    REF: 3869116

    For All Enquiries


    Call Narelle Filmer
    Mobile: 0459 229 ...

    Email Narelle Filmer

    389

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