, CARRARA 4211
$1,600,000
Chris Rowe

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Trevor Granville

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Accommodation Business Brokers
8222 Magnol;ia Drive West,
Hope Island, QLD 4212

CARRARA 4211

Accommodation/Tourism for sale

CARRARA QLD 4211

$1,600,000

Business Details

Vendor urgently wanting to move on .. BEST BUYING OPPORTUNITY!

On offer is the managements Rights and associated Real Estate of 2 gated permanent complexes that are side by side in the highly desired suburb of Carrara on the Gold Coast in Queensland.

Additionally, there is a rental pool from another neighbouring property that is parcelled with this.

These easily managed complexes in the heart of Carrara can be run by one person.
There is a total of 188 units in the offering with 56 in the letting pool. Accommodation module agreements are in place.

The managers residence is a 3 bedroom townhouse with office attached and on title while a second 4 Bedroom residence is currently being rented out for $440 per week. The rent from this residence is not included in the nett profit.

Common area maintenance is minimal and is performed by one person and completed in less than one day per week.

All of the rental business is managed from one office and on one computer, but although there is no requirement to live onsite at the second complex, there is an obligation to purchase an apartment in it.

This offering is currently showing a net profit of $205,000 and there is massive upside for the next owner.

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Management Rights
  • Building Area: 1.00 sqm

Enquire

Accommodation Business Brokers
8222 Magnol;ia Drive West,
Hope Island, QLD 4212

Phone: 0408 225220
Fax: 07 5530 1578

Chris Rowe
Mobile: 0408 225220

Trevor Granville
Mobile: 0409 664 998

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