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Boutique Permanent with Good income. Can Live off site

$650,000

Chevron Island, Queensland

Boutique Permanent with Good income. Can Live off site

This cute little boutiques style permanent near Surfers is perfect for anyone looking for a good solid income. Put a "nominee" in the managers unit and rent it out (for $350 a week extra income) and rent something bigger nearby or live in the 2 bedroom apartment on title in complex. Solid letting pool with very few Owners living on site. Good BC with 21 years to run on the agreement. Would be perfect for a single operator or Young couple.
Contact Kerrie Lush 0416 084 693
kerrie@raas.com.au

Features

Business Snapshot

  • Price: $650,000
  • Net Profit: $63,000

Managers Unit

  • Value of Managers Apartment: $395,000
  • Bedrooms: 2

Complex Information

  • Complex Type: Resort
  • Total Units in Complex: 24
  • Total Units in Letting Pool: 19
  • Holiday Units: 19
  • Agreement Term: 25 years
  • Agreement Term Remaining: 21 years

Business Links / Tools

Last updated: 6th June 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Chevron Island
State
 Queensland
Price
$650,000
Category
  • Management Rights
  • Property/Real Estate

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