Biggera Waters
Sold
2
2
2
Management Rights
- 52 Total Units
- Permanent Complex Type
- 18 Letting Pool
- $80,156 Remuneration
- $105,979 Net Profit
- $475,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
CANAL LIVING AT ITS BEST
Fantastic location overlooking the water! A lovely 3 storey walk up complex with two pontoons on the canal. And 150 meters walk to the Broadwater. Only 2km to Runaway Bay shopping centre with a local supermarket around the corner. A solid central Gold Coast business with 19 years remaining on agreements and a handsome body corporate salary of over $80,000 (ex GST). This represents the lion's share of profits with the balance of income via long term tenancies where delightful one and two bedroom apartments are in your letting pool. The stunning manager's 2 bedroom apartment has superb water views with separate office on title. Offering quality facilities to residents and manager alike this business deserves your attention. Contact me now for an inspection.
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