Water front holiday Management Rights with $86K Body Corporate salary and more than $158K other income. Located at a quiet street at Biggera Waters, close to Harbour Town shopping Centre, Runaway Bay Sport Centre and 5-10 minutes walking distance to local shops, restaurants and a supermarket. Public transport is nearby.
A full-time staff are currently employed to live onsite with flexible working hours on the agreement.
Manager unit:
- 3 bedrooms 2 bathrooms apartment with 1 underground car park
- Master bedroom with ensuites and air-conditioner
- Tiles flow through living area to a relaxing balcony overlooking water, pools and garden
- Office on title with a formal reception counter and internal access to the manager unit
Complex:
- 3 walk-up with peaceful water views
- Situated just a short stroll from the beautiful Southport Broadwater
- Common used pontoon and boat ramp for all visitors and residents
- Well reputation holiday accommodation with 8.6 guest review rating
- Pet friendly
- Close to Helensville rail station and 15 minutes’ drive to Exit 62 of Pacific High Way
- Pools, spa, BBQ and tennis court for residents and holiday lovers
- Well maintained lawn and garden
Business:
- Total 65 units with 31 in the letting pool mixed up holiday and permanent letting
- Extra 2 letting properties managed outside the complex at Southport
- 17 years agreement remaining
- No requirement to live onsite in the agreement
- Net profit: $240,334
- Manager unit price: $430,000
- Business price: $1,115,000
- Total price: $1,545,000
Call for an inspection today and you won’t be disappointed!
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Biggera Waters