Don't miss the opportunity to secure this fantastic permanent MR complex located only metres to the Gold Coast's popular Broadwater.
- 156 lots consisting of 3 bedroom townhouses and 2 and 3 bedroom units
- 3 bedroom, 2 bathroom managers residence, ducted air conditioning, 2 car parks
- Large office on title with additional rear office space, air conditioned, kitchenette and toilet.
- No set office hours in agreements
- No requirement to live onsite
- 25 year Accommodation module agreements with 20 years to run, Body Corporate remuneration $228,512.
Complex facilities include 2 swimming pools, steam room, spa, media room, gym, security gated.
There is huge potential to increase the net profit with internal real estate sales, 20 outside agents and a maintenance minded purchaser.
Net Profit $405,027
Call now for further information or to arrange an inspection.
Property Code: 1276