Address available on request Bargara, QLD 4670
UNDER CONTRACT - Bargara Beachside Resort Near Golf Club - 1P4274MR
Beautifully presented, and ideally located is Bargara beachside resort. The new manager for this resort will enjoy living in one of the best manager’s units in the industry; 3 bedrooms, ensuite with spa, spacious kitchen and large office and reception attached on title. The property is a mere 200 metres from Kelleys Beach, with its family friendly lagoon. For golfing enthusiasts, the First Tee is literally across the road.
A total of 15 luxury units are in the letting pool; some 2 and some 3 bedroom apartments – all have rooms that can be locked down as required by demand.
A brand new CT agreement on Accommodation Module is in place, with salary (currently $55,000pa) reviewed annually according to CPI. Verified Financial figures are available, demonstrating a net return of $204,000 pa.
TOTAL NUMBER OF UNITS: 30
UNITS IN LETTING POOL: 15
MANAGERS RESIDENCE: 3 bed, 2 bath (spa) large office and reception on title.
NET PROFIT: $204,000
REAL ESTATE PRICE: $400,000
BUSINESS PRICE: $816,000
TOTAL ASKING PRICE: $1,216,000
Property ID: 503006542Last Updated: 19 Jun 2019