HUGE UPSIDE - SUBMIT ALL OFFERS

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Description

Calling for new or experienced operators looking for significant upside and growth potential.
The owner has request to submit all offers as retirement calls.
– 94 Unit complex in Southport
– 51 Units in letting pool. 13 Holiday/ 38 Permanent
– All units are 1 bedroom studios (less owner occupiers)
– Super attractive for investors with low unit values generating solid yields (Average unit value circa $200,000)
– 25 Year accommodation module
– Managers residence contains 2 bed, 2 bath and 2 carparks (Only $395,000 total)
– Body corporate remuneration of $115,000
– Manageable grounds to maintain (Medium Rise Apartment Complex “With Lifts”)
Call Charles Nurse today for more information or to arrange a viewing.

For Sale SUBMIT ALL OFFERS

  • Listing Ref: a0E7F00000G7EUcUAN
  • Property Type: Management Rights
  • Property Category: Resort / Holiday
  • State: QLD
  • Suburb: SOUTHPORT
  • Net Profit: $205,000 (Actual)
Charles Nurse
Director
0477 826 666
1800 111 622

Dustin Allen
0424 104 310

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