$1,066,000
Surfers Paradise, QLD 4217
BEST RETURN ON THE MARKET
Offering a 33 percent return on business price.
Letting of apartments only- no caretaking and no requirement to live on site
Central Surfers Paradise Highrise
34 apartments in letting pool- mix of permanent and holiday rental.
Huge upside with 90 apartments in the complex not in rental pool.
Verified net profit of $222000
Business asking price $666000
Also 2 bedroom, fully renovated apartment plus large reception area on title which must be sold together with the business 400000
Total price for business and real estate is $1066000
Note that this is a letting pool only with no body corp agreements- so the great thing is that the body corp has no 'control' over this business compared to standard 'management rights'.
Letting of apartments only- no caretaking and no requirement to live on site
Central Surfers Paradise Highrise
34 apartments in letting pool- mix of permanent and holiday rental.
Huge upside with 90 apartments in the complex not in rental pool.
Verified net profit of $222000
Business asking price $666000
Also 2 bedroom, fully renovated apartment plus large reception area on title which must be sold together with the business 400000
Total price for business and real estate is $1066000
Note that this is a letting pool only with no body corp agreements- so the great thing is that the body corp has no 'control' over this business compared to standard 'management rights'.
Property Info
Municipality
Surfers Paradise
No Agent Property Brighton East
Suite 1a, 608 Hawthorn Road
Brighton East, VIC 3187
Tel: +611300850855
Email Us
NEARBY PROPERTIES
For Sale For Lease
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