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Beachfront, Surfers Paradise

Permanent Management Rights – Offsite management

If you are seeking lifestyle, this superbly situated absolute beachfront property in the ever-popular Surfers Paradise offers it all – no set office hours, no requirement to live onsite, easily run by one person, 25 years on agreements, 23.2% return on your business investment PLUS the ability to derive rental income from renting out the manager’s residence and a low 4.3 multiplier!

Do not miss out on this idyllic lifestyle opportunity, the owners are ready for retirement after 14 years and are serious about selling instructing that all offers be presented!

Summary Points:

  • Absolute beachfront property
  • Total Asking Price: $1,163,475
  • No requirement to live onsite
  • Letting pool of 18 with opportunity to seek 6 more
  • Remuneration $68,253 ex GST
  • Accommodation Module
  • Agreements recently topped up

Here are some of the more pertinent details…

Multiplier: 4.3
Letting Pool: 18 permanent lets
Complex Total: 35
Lock ups: 7
Outside Agents: 6
Agreement Term: 25 Years
Remaining Term: 25 Years

Broker:

Call Tracie Saks on 0412 200 422 to discuss and arrange an inspection of this excellent business opportunity!

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Permanent

Property Information

Complex TypeApartments
LocationGold Coast
Net $96,157
Price $1,163,475
Remuneration $68,253
Letting Pool 18
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