BURLEIGH HEADS QLD 4220
$910,000 (under offer)
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- 27 Oct 2016
Business For Sale - PRICE REDUCTION - 4.2 X MULTIPLIER - ID 7936 H
Burleigh Heads Holiday Management Rights
- Current managers wish to relocate interstate
- Highway location with direct beach access, just 50 metres to the sand
- 34 units with 15 in the letting pool, 1 & 2 bedroom apartments
- Close to everything Burleigh has to offer.
- Park the car and walk everywhere
- Long agreements, office on title with no set office hours
- Foxtel, Wi-Fi, heated pool, spa, tennis court, games room and BBQ, CCTV and security parking
- Transport at the front door.
Great first time building with current managers wanting to return to Victoria. Comfortable 2 bedroom, 2 bathroom, air conditioned residence with large enclosed courtyard, great for entertaining and for the dog!
Net Profit: $121,600
Asking Price: $910,000
(inclusive of manager's real estate)
For further information or to arrange an inspection contact the broker;
Warren Oliver & Tony Johnson
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