Ideally located 12 level beachfront holiday complex offering operators a fantastic lifestyle, complimented by a solid net income, great resort facilities and the ideal environment to capitalize on the increasingly growing holiday market.
With a total of 44 units in the complex and 18 of these in the letting pool, there exists the potential to grow this business and increase on already good returns
The managers apartment has been priced to meet the market resulting in an attractive return on total investment.
- Views from most units.
- 30m from the beach.
- Net income of 238K+
- Strong BC salary over $92k.
- Managers unit asking only $280k.
Vendors keen to move on and will consider all reasonable offers.
Heated swimming pool, rooftop BBQ area, internet kiosk, games room.
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Manager's Unit Price:
Management Rights Price:
Est. Year Built: 0
Total Units In Complex: 44
Inside Letting Pool
Outside Letting Pool
Lock Up: 0
Outside Agents: 10
Self Managed: 0
Owner Occpd: 16
Number & Type In Letting Pool
2 Bed Self-contained apartments
Most apartments have ocean views
Manager's Unit & Office
Manager's Unit Size: 2 Bed
Office Reception: Large office area - Exclusive Use
Office Software: Puma
Office Hours: M-F 9.00 to 5.00 Sat 9.00 to 12.00 Sun 9.00 to 12.00
Office Computer: Yes
Agreement Term: 10
Years To Run: 10
Manager's Unit Description: Spacious 2 bedroom apartment – air conditioned – positioned on the 2nd level with sunny north-east facing balcony – views over parkland to Maroochydore Beach. One secured car space
Tennis Court: NO
Cable Installed: YES
Pets Allowed: NO
Barbeque Area: YES
Rooftop sundeck area with 180deg. ocean views