Located just 100 metres to the beach this Surfers Paradise Management Rights Hi-Rise is located on the Southern end of Surfers Paradise. This 4-star complex offers a mix of two and three bedroom fully self-contained apartments with only two units per floor.
The current managers have a mix of both permanent and holiday units in the letting pool. This business is easy to run and has a generous Body Corporate Salary.
Included is a spacious managers unit comprising of 3 bedrooms, 2 bathrooms, separate laundry, huge kitchen with high ceilings throughout. With air-conditioning in the lounge, plenty of storage and a massive courtyard this unit is sure to impress!
This complex features an outdoor Pool, Spa, Tennis Court, Steam Room, Gym, Barbecue Area and Meeting Room / Common Room facilities.
A short 10 minute stroll to an array of local restaurants, cafes and bars or hop on the tram for a 5 minute ride to Broadbeach.
With a low multiplier attached to this business and a unique three bedroom apartment, this type of Management Rights opportunity does not come around often!
Net Profit: $220,865
Property Code: 1110
