Set in the tourist hot spot of Mooloolaba, Sandcastles Mooloolaba is perfect for those looking for an idyllic lifestyle. The complex comprises 34 one-bedroom, self-contained apartments suited expressly for couples and solo travellers. This asset has been tightly held by the same entity for 8 years and presents as a strong consistent performer, but also a fantastic 'BlueSky' business for a savvy incoming manager.
The opportunity to acquire this asset is expected to cause quite a splash, with its optimal manager's unit and healthy ROI. The business is presented with wage allocation as actuals and presented to sell. All buyers are encouraged to act now.
- Long tenure of 21 years
- Short term letting
- Experienced staff to assist with transition
- Easy-to-manage common facilities
- Positioned for success in unrivalled Mooloolaba location
- Complementary Body Corporate Remuneration of $125,633
- All one bedroom apartments suitable for couples or solo travellers
- Spacious three bedroom, two bathroom manager's unit (191sqm) with ocean views
- High netting, consistent performer with plenty of space for further growth
- Property inspections are by appointment only
