Surfers Paradise
$775,000
2
2
1
Management Rights
- 16 Total Units
- Resort/Holiday Complex Type
- 7 Letting Pool
- $25,749 Remuneration
- $73,531 Net Profit
- $540,000 Manager's Unit
- BBQ, Pool Features
Property Description
HOLIDAY ON THE WATER
This three-storey Walk-Up complex is on the river and in the heart of Surfers Paradise. A five-minute walk from the famous Cavill Mall and tram station. Set alongside the Nerang River with a jetty for boating and fishing. A delightfully renovated 2 bedroom, 2 bathroom manager's apartment with office on title, for sale at a very reasonable price of only $540,000. Easily managed gardens and no set office hours ensure you have a great work life balance. This boutique business has a total 16 units in the complex, with seven, mainly holiday lets, in the letting pool. In addition another two holiday lets, outside but close to your building, are available to purchase and add onto the business should you wish. One family member can easily handle this attractive business package. Current Caretaking Agreement has 19 years remaining on this lovely Gold Coast Management Rights. Net income $73,500 includes a solid Body Corporate salary $25,749 represents a wonderful opportunity for a smart business operator. And just at the right time for you! Holiday lovers are returning to the Gold Coast now!
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