Management Rights - CURRUMBIN, QLD

CURRUMBIN, QLD

$1,400,000

Property Description

Currumbin Beach Management Rights Beauty PRICE REDUCTION

Blue Sky opportunity Absolute beach front, no roads to cross. Patrolled beaches and surf clubs 2 minutes away. Best and safest family beach resort on the coast. Excellent location with great income!
Currently there is a Manager/cleaner that lives on site so you can live off site. He does BC duties as well as helps clean the units. He is more than willing to stay around so you can live off site. Holiday units are decorated beautifully and lots of repeat guests. Imagine waking up everyday and walking along the beach every morning. You have direct access. The Managers unit has 2 bedrooms its spacious and 2 bathrooms and is on the ground floor with a lovely private courtyard. Underground car park and 2 car parks for manager. The Owner also Manages two Bungalows next door which are included in the Holiday rental numbers. Also two permanents outside which is reflected in the Permanent figures.
PRICE REDUCTION
450k UNIT
950 BUSINESS
TOTAL : 1.4 MILLION
NETTING 204k

There are more professional photos available on request

Please call for inspection...Kerrie Lush 0416 084 693
kerrie@raas.com.au
Financial Overview

Body Corp Salary:
Anniversary Of Body Corporate Salary:
N/A
Body Corporate Salary Review:
CPI
Net Profit:
204000
Manager's Unit Price:
450000
Management Rights Price:
950000
Letting Business

Est. Year Built: 1987
Total Units In Complex: 45


Inside Letting Pool

Permanent: 8
Holiday: 17
Corporate: 2
Total: 27

Outside Letting Pool

Lock Up: 0
Outside Agents: 3
Self Managed: 3
Owner Occpd: 0
Total: 0

Number & Type In Letting Pool
Number Type Features
Tariffs

Booking Type Details
Permanent
Corporate
Holiday Schedule available
Manager's Unit & Office

Manager's Unit Size: 2 Bed
Office Reception: yes
Office Software: EzyRez
Office Hours: 9.00 to 5.00pm Mon to Fri 9.00 to 12.00 Saturday 9 - 11am Sunday
Storage: ample
Office Computer: yes
Module: Accommodation
Agreement Term: 25
Years To Run: 18
Manager's Unit Description: Large ground fl 2 bedroom 2 bathroom unit with pool views. Complex on the beach.

Facilities

Pool: YES
Spa: YES
Gym: NO
Tennis Court: YES
Sauna: NO
Foxtel: YES
Cable Installed: YES
Pets Allowed: YES
Barbeque Area: YES

Other Facilities: Direct beach access. No roads to cross. 3 mins to Surf club and patrolled beach. Across the road from Currumbin Bird Sanctuary.
Public transport at main gate.

Property Agent

Kerrie Lush

Kerrie Lush

Phone: +61 416 084 693
Office: 1300 282 370

Email Listing Agent