Caloundra, Queensland 4551
Big Moneymaker Even In These TimesAir Conditioned 3 bedroom managers unit plus reception, office & storage rooms on title. Accommodation Module with long 25 year agreemnts in place with 24 years left.
The letting pool of 58 holiday units provides the excellent income of $460,000 plus an allowance of $37,000 for wages. There is some upside as well since the owner charges have not been lifted for some time & the tariffs are being raised by up to 5% for next year. The body corp payment is $95,000 + GST & this is a great start to the business. This property is being offerred for sale at a very realistic multiple of 4.9 & should not last long - RING FOR AN INSPECTION !!!
Business SnapshotPrice: SOLDTrial: no
- Total Letting Pool: 1
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This listing last updated: 13th Apr 2015