AGNES WATER QLD 4677
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- 20 Oct 2016
Business for Sale - Stellar Resort with Excellent Net Profit! - ID 8516 H
Pavillions on 1770 is a 4.5 star rated architectural designed complex with great beach frontage in a popular holiday destination.
Pools including 25m lap pool, plunge pool, spa, splash pool and pool-side barbeque and entertaining areas.
Spacious units, with Miele kitchen appliances, queen spa bath and large balconies with barbeques, etc.
Flexible for holiday and permanent letting and to be lockable down from three bedrooms and two bedrooms to one bedroom configurations.
Complex has been consistently maintained to a high standard with a 10 year paint and maintenance program in place.
Current pool of 50 apartments with potential to add further units from a total of 78 apartments.
Private standalone three bedroom owner's residence facing a reserve with attached double garage.
Strong well established business with consistent stable income.
Experienced staff will provide for smooth ownership transition.
Net Profit: $300,000
Asking Price: $1,650,000
(inclusive of manager's real estate)
For further information on this Capricorn Coast management rights opportunity contact the listing broker:
Michael Philpott 0433 137 927
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information