MANAGERS SAY SELL!!! - 1P4702MR
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Over-looking the sands and water at Currumbin Alley this beautifully presented mixed rental complex combines the best of beach-front living with a business and residence for the Manager in one of the Coast's best locations.
The site provides panoramic views up the coastline with the hi-rises of Surfers Paradise featuring on the skyline. A recent increase in the Body Corporate Agreements provides for 24.5 years security on the business. A great opportunity for those purchasers looking for a steady income and lifestyle to suit. Holiday attractions nearby with plenty of café and restaurant options available a short distance away.
Come and enjoy a beachfront living experience at your door-step.
TOTAL NUMBER OF UNITS: 36
UNITS IN LETTING POOL: 8 (Holiday 7, Perm. 1)
MANAGER'S RESIDENCE: 2 Bedroom 2 Bathroom apartment with large balcony
NET PROFIT: $174,000
REAL ESTATE PRICE: $690,000
BUSINESS PRICE: $599,000
TOTAL ASKING PRICE : $1,289,000