GOLD COAST, QLDPrice:
Type: FOR SALEProperty Features
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
Phone: 0412 7****
Once you register as a Buyer you will be able to access all the phone details and many more features