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Beachside Permanent – Surfers Paradise

Permanent Complex – Low 2.1 Multiplier – first time on the market for 12 years!

Summary Points:

  • Beachside location
  • Total asking price $700,000 ($100K business & $600K RE)
  • 17 apartments & only 4 in letting pool (upside to increase!)
  • Letting business upside in both rents and outside agent managements
  • Remuneration $45,862 + GST
  • Standard module
  • No office hours
  • REI Cloud software
  • Easily managed by one person

Here are some of the more pertinent details…

Multiplier: 2.1
Letting Pool: 4 permanent lets
Complex Total: 17
Outside Agents: 5
Agreement Term: 10 years
Remaining Term: 8 years

Broker:

Call Tracie Saks on 0412 2004322 to discuss other current and upcoming opportunities.

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Permanent

Property Information

Complex TypeApartments
LocationBrisbane, QLD
Net $47435
Price $700000
Remuneration $77,164 + GST
Letting Pool 18 permanent lets
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