Financials
Business Price : $215,000
Manager's Unit Price: $510,000
Total Price: $725,000
Net Profit: $42,980
Body Corporate Salary: $10,800
Body Corporate Salary Review: cpi
This complex is only 450 meters to town, looks over the port of Airlie and has a 5 Star mariner complex right in front of it. I'm starting to day dream already.It is difficult to describe just how stunning the Airlie Beach area is, so why not log onto
www.coralseavista.com.au and see for yourself.Then imagine waking up to that outlook each morning, and all the while earning a good income.
Letting Pool Breakdown
Total Units In Complex: 6
Inside Letting Pool
Permanent: 0
Holiday: 4
Corporate: 0
Outside Letting Pool
Lock Up: 1
Outside Agents: 0
Self Managed: 0
Owner Occupied: 0
Manager's Unit and Office
Unit Size: 3 Bedroom, 2 Bathroom,
Two years ago this complex was netting $81,677. Due to family reasons, which meant having relief managers in and engaging more cleaning staff the net has dropped to $42,980. It would be really easy to bring it back up to previous figures by doing the housekeeping yourself.A quick look at the P/L see's approx 16k was being paid out for housekeeping. There is also an added value here as all of the units are 3 bed/2bath dual key, meaning you have the potential of 8 units able to be rented at anyone time,the managers unit also is dual keyed , giving you the opportunity to pick up another $20,000 approx p/a.
Agreement Term: Accomodation
Years To Run: 20 years to run
Office Reception: Exclusive use
Office Hours: 8.00am to 6.00pm
Office Computer: Yes
Office Software: Puma
Storage: yes
Facilities
- Swimming Pool
- Spa
- Barbecue
- Stunning views
- Undercover parking
- Tour desk
- Austar