MERMAID BEACH QLD 4218
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- 19 Oct 2016
Business For Sale - Live Near The Beach & Let The Income Pay The Mortgage - ID 7899 H
MANAGEMENT RIGHTS BUSINESS FOR SALE
BOUTIQUE STYLE BUILDING
- This would suit a single operator, semi-retired manager or could be added to your current portfolio
- All 10 rental units with outside agents. Several could be reclaimed to increase the income
- Could be run remotely by adding the managers unit to the letting pool to add to income
- Easy to look after with pool, BBQ and security parking
- 200 metres to beach and Mermaid Surf Club
- Walk to restaurant, Pacific Fair Shopping Centre, Casino and light rail
- Suitable for single operator looking for residence with income. Easy to run and very little maintenance. 1 bedroom, air conditioned managers unit, office on title.
Mermaid Beach is a suburb on the Gold Coast, Queensland. Located just south of Broadbeach, handy to Pacific Fair Shopping Centre and Jupiters Casino.
Net Profit: $14,253
Asking Price: $248,000
(inclusive of manager's real estate $220,000)
For further information on this management rights business contact the listing broker Gerard Dixon
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