Sunshine Coast, MAROOCHYDORE 4558
Accommodation/Tourism for sale
Maroochydore – Stunning Views and Growth Opportunities
This absolute beachfront complex has stunning ocean views. It is a 13 storey high rise containing 44 spacious 2 brm apartments. There has beena recent $2Million refurbishment. The facilities include 2 lifts, heated pool, roof top BBQ, plus more.
There is a generous body corporate salary, and the opportunity to further develop the letting pool.
Net Income: $273,432
Age of Complex:35 years
Units in Complex: 44
Units in Letting Pool:19
Units Owner Occupied: 9
Units Let by Outside Agents:9
No. of Lockup Units: 7
MR Agreement Term: 10 years
Term remaining: 10 years
Office on Title?: Yes
Office Hours: Mon-Fri 9.00 - 5.00 / Sat 9.00 - 12.00
Value of Manager's Unit:$275,000
Car Spaces: 1
Pets Allowed: No
Brand New Unit: No
Call for Chris Reid of LINK Sunshine Coast for additional information and to arrange an inspection.
- Business Category: Accommodation/Tourism
- Business Sub Category: Management Rights
- Property Selling Price: 275000