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SOLD
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Surfers Paradise, QLD 4217

Sold at  $1,066,000Sold on April 29, 2019

BEST RETURN ON THE MARKET

Offering a 33 percent return on business price. Letting of apartments only- no caretaking and no requirement to live on site Central Surfers Paradise Highrise 34 apartments in letting pool- mix of permanent and holiday rental. Huge upside with 90 apartments in the complex not in rental pool. Verified net profit of $222000 Business asking price $666000 Also 2 bedroom, fully renovated apartment plus large reception area on title which must be sold together with the business 400000 Total price for business and real estate is $1066000 Note that this is a letting pool only with no body corp agreements- so the great thing is that the body corp has no 'control' over this business compared to standard 'management rights'.

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Address available on request

Surfers Paradise, QLD 4217

Sold at  $1,066,000Sold on April 29, 2019

BEST RETURN ON THE MARKET

Offering a 33 percent return on business price. Letting of apartments only- no caretaking and no requirement to live on site Central Surfers Paradise Highrise 34 apartments in letting pool- mix of permanent and holiday rental. Huge upside with 90 apartments in the complex not in rental pool. Verified net profit of $222000 Business asking price $666000 Also 2 bedroom, fully renovated apartment plus large reception area on title which must be sold together with the business 400000 Total price for business and real estate is $1066000 Note that this is a letting pool only with no body corp agreements- so the great thing is that the body corp has no 'control' over this business compared to standard 'management rights'.

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Monthly Average Prices Statistics
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