Expression of Interest extended - now closing Thursday, 13 April 2023 at 4pm.
Exceptionally motivated vendor requires immediate sale to focus back to core business. For sale by Expressions of Interest, name your price as I have been asked to submit all offers to my Seller. This is an opportunity that cannot be missed. Blue chip Surfers Paradise location only a couple of minutes walk to world-class beaches, a stone's throw away from the newly refurbished Paradise Centre, Surfers Paradise Surf Life Saving Club and Cavill Avenue to name just a few things.
The Resort offers family friendly one and two bedroom self-contained apartments. With resort-style facilities and easy to maintain tropical style gardens, this is a low maintenance and low hours business. With current inflation and cost of living, demand for affordable holiday units continues to rise. Capture the post-Covid opportunity as trading figures look likely to continue North.
The spacious two-bedroom managers unit is complete with office and reception area. Perfect for a couple or small family to work and play in the delights of this location.
Psst..it's an open secret that many people haven't cottoned on to just how reliable and stable an investment management rights are. You are guaranteed annual CPI increases on your caretaker salary and the cream of extra income through the letting pool is all up to you.
FOR SALE BY EXPRESSIONS OF INTEREST, CLOSING FRIDAY, 24 MARCH 2023 AT 4PM.
* Motivated vendor requires focus back on core business
* Desirable location! Only 100 metres* walk to Surfers Paradise beach
* $270,176* net profit at year end December 2022
* $41,057.32 current caretaker salary; CPI annual increases
* Large 2 bedroom manager's unit plus office with reception area
* Affordable holiday units are in constant demand
* 33 units in the complex; 6 two-bedroom units; 27 one bedroom units
* 12 units in holiday letting pool (3 rental guaranteed); 5 owner occupied; 12 unit externally managed
* Opportunity for focused new management to grow units in the letting pool
* Ideal business for a couple to run
* Low hours and low maintenance complex
* Resort facilities; outdoor heated pool, spa, barbecue facilities and secure parking
Act now and do not delay as this is one incredible opportunity that we are not bluffing on.
Contact Craig Cornish on 0414 897 256.
*Approximately
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
