Rarely Available Beachside Resort
$3984000
Maroochydore | Beachside Resort
Exceptional opportunity to attain this sought after management rights!!
Rarely do properties with this location and resort amenities become available.
Positioned in the holiday destination of Maroochydore, this family oriented high rise, having solid repeat business is one to attain for your portfolio. 34 lettings in the pool and there are 5 lock up apartments. A lengthy agreement of 22 years and a very supportive body corporate. Body corporate salary of $164,456 per annum. Management unit positioned on the ground floor, beautifully renovated with high ceilings and ample natural light, offering a comfortable and inviting living space. Add to this a large balcony for added relaxation. 2 bedrooms and a study (currently used as a bedroom) with 2 bathrooms. The spacious office is attached to the residence and is on title along with 3 basement car spaces and a spacious lockup storage/cage.
5.5 MULTIPLIER for this opportunity should not be missed!!
Nett profit $579,280
Real Estate $800,000
Business $3,184,000
Total Purchase Price $3,984,000
Manager Unit
- 2 bedrooms
- 2 bathrooms
- 3 car spaces
