Surfers Paradise, QLD
Relaxed Holiday business – No office hours & No requirement to live on site
This boutique walk-up complex located in an especially peaceful part of paradise attracts tourists and travellers for its away from the hustle and bustle of the dining and entertainment precinct yet only a 5 minute walk to the beach and close to local attractions including the Star Casino, Pacific Fair Shopping Centre, Cavill Avenue, GC Convention Centre and Glink light rail station.
The managers apartment has 2 bedrooms, 1 bath, 1 carpark and two storage areas. With no office hours, no requirement to live onsite and the opportunity to earn additional rental income from the 2 bed / 1 bath / 1 car managers apartment OR sell it and keep the business only as there is no requirement for the caretaker to own real estate within the complex.
This easy-to-run business with just 4 in the holiday letting pool provides a great income for just 10-12 hours of work per week and is a perfect add-on business opportunity if not intending to live on-site.
Here are some of the more pertinent details…
| Multiplier: | 3.0 |
| Letting Pool: | 4 |
| Owner Occupied: | 11 |
| Outside Agents: | 2 |
| Complex Total: | 18 |
| Agreement Term: | 25 |
| Remaining Term: | 18 |
| Office Hours: | None |
| Included Real Estate: | $496,000 |
Broker:
To discuss this great business opportunity, give Tracie Saks on 0412 200 422 a call today!
