MERRIMAC QLD 4226
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- 24 Oct 2016
2455ML - Retirement Village, Very Stable Income
- Income tied to the pension,
- Strata titled operation (no rent payable = low overheads),
- Price includes 2 x three bedroom units which are both rented,
- Extensive freehold included in price (kitchen, cool rooms, storage, dining room, shed),
- Equipment included in asking price,
- Do not need to live onsite,
- Some basic food preparation involved (chef not required),
- All procedures have systems in place for maximum profit with minimum effort.
This not your traditional motel business. The 80 units are all strata titled and no rent is payable. Instead you pay a % of the income to the unit owners.
This business would suit anyone with some basic food/kitchen experience looking to make an excellent income in an accommodation business.
Net profit $316,136 for 2015/16
Contact Gerard Dixon from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2455ML (quote when enquiring)
Location: Merrimac is a residential suburb located centrally on the Gold Coast. It is situated between Robina Parkway in the east and the M1 Motorway in the west. This is a reasonably new suburb and is popular among families looking to buy their own homes. Its proximity to all the city's major attractions has ensured it has become popular and there is significant demand in the area.
There are a number of major shopping centres in the suburbs surrounding Merrimac. Robina Town Centre is a ten minute drive and features 220 stores including Coles, Woolworths, David Jones, Kmart and Target as well as a cinema. Q Super Centre in Mermaid Waters is also a ten-minute drive and has Aldi, Coles and Woolworths supermarkets as well as some other retailers. Local bus services run through Merrimac. There is easy access to the M1 Motorway and Robina train station is a 10-minute drive. Merrimac is situated near many championship golf courses and is a short drive from many of the Gold Coast's main attractions.
Property Code: 2057
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