Financials
Business Price : $1,100,000
Manager's Unit Price: $1,150,000
Total Price: $2,250,000
Net Profit: $233,000
Body Corporate Salary: $39,534
Body Corporate Salary Review: C.P.I.
You can't get much closer to an absolutely beautiful beach and crystal clear waters than this complex. It has 6x 3 Bedroom units, and 12x 2 bedroom units, some with rooftop areas that have ocean views and others that lead from their own private courtyards onto the beach. Being 4.5 star means that all units are of a very high standard, this is why there is a large percentage of return guests. Add to this Sunshine Coast Airport is only 20 minutes away, Under Waterworld and Mooloolaba Wharf is across the road, and to top it off all the shopping and eateries of Mooloolaba are a short stroll along the boardwalk.
Letting Pool Breakdown
Total Units In Complex: 18
Inside Letting Pool
Permanent: 0
Holiday: 18
Corporate: 0
Outside Letting Pool
Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occupied: 0
Manager's Unit and Office
Unit Size: 2 Bedroom 2 Bathroom
The air conditioned 2 bed 2 bath unit is modern and spacious. It has all the features you could ask for, including its own exit from the courtyard to the beach. This unit is even coming fully furnished, what a bonus.
Agreement Term: 25 Years
Years To Run: 15 Years
Office Reception: Off Title
Office Hours: No set hours
Office Computer: Yes
Office Software: Puma
Storage: Yes
Facilities
- Swimming Pool
- Cable
- Barbecue
- Internet
- Lifts