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Lovely Building Close To Surfers Paradise, Main Beach and Southport


Property Features
  • Category : Other

Property Description

Price: $1,355,000

Managers Townhouse: $695,000

Nett Profit: $132,000 plus

BC Remuneration: $86,500

Location: Central Gold Coast

Complex Features: Swimming Pool, Heated Spa, 2 Saunas, Tennis Court (Full), Basket Ball (half Court), BBQ, Jetty

Manager`s Accommodation Bedrooms: 3 Good sized Double Bedroom, main bedroom with Air-conditioner, Air-conditioned living area with tiles, Kitchen has stainless steel oven & Range hood, and ceramic hotplates. Office is on title plenty of storage sheds.

Pets Allowed? Yes

Agreement Term: 5 plus 5 years

Agreement Years Left 5 plus 5 From Dec 2014

Units in Letting Pool: 25


Lovely building close to Surfers Paradise, Main Beach and Southport. Return of $11,000/month.

Building now has great committee which makes this great place to live.

Just as few minutes walk to the beach through beautiful parkland.

Close to very Schools and public transport Light Rail and only 5 minutes drive to Australia Fair. Close to number of Golf courses.

Manager has a renovated air conditioned 3 bedroom Apartment, ensuite, Split System Air Conditioning, modern Kitchen, nice outdoor / Alfresco Dining area, with 2 parking spaces and large air conditioned large office. There are also Jetty Berths which maybe leased.

Value here for the new manager:

Return on business is now 20% and total return including the apartment is approximately 10%

Current managers list and sell apartments with in the building which pays for their holidays.

Call agent David Manson on 0421 7071 73 to arrange an inspection


  • Granite Counter Tops Yes

  • Parking Spaces Included 2

  • Air Conditioning Yes

  • Office/Den Yes

  • Walk-In Closet Yes

  • Tile Floor Yes

  • Dishwasher Yes

  • Stove/Oven Yes

  • Laundry Area - Inside Yes

  • Balcony/Deck/Patio Yes

  • Swimming Pool Yes

  • Jacuzzi/Whirlpool Yes

  • Sauna Yes

  • Cable-ready Yes

  • High-speed Internet Yes

  • Property Type Management Rights

Property Agent

Advert Id:9222

Name:David Manson

Phone: 0412 7****

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