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Address available on request Surfers Paradise, QLD 4217

Address available on request,
Surfers Paradise, QLD 4217

Hotel, Motel & Leisure

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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'.

Property ID: 502919222Last Updated: 18 Oct 2021

1300 850 8... logo
Address available on request
Surfers Paradise, QLD 4217
No Agent Property - BRIGHTON EAST
Suite 1a/ 608 Hawthorn Rd
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