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4.35 Times Multiplier Stunning Permanent Management Rights in Kings Beach

$1,090,000 ONO

Kings Beach, Queensland

4.35 Times Multiplier Stunning Permanent Management Rights in Kings Beach

- Solid income $127,456, with a great remuneration of $110,044
- Perfectly Located in the Prestigious Heart of Kings Beach, Offering Ocean Charm
Stunning permanent building complete with impressive resort like facilities, pool, spa, full gym and sauna
A short stroll to great beaches, cafes, restaurants, shopping precinct, schools and the festive Street Market on Sundays
Close to the booming Caloundra which has everything as you want
15 minutes’ ride to Sunshine Coast University Hospital and University Private Hospital
- Well established and Very well run complex, all procedures documented
- Long agreement 22 years left on a 25 years accommodation module
- Fantastic Body Corporate salary of $110K, with annual CPI adjustment every Nov
- “CLEAN” Income Page
Little income on repairs and maintenance.
Not included in P&L, easy cash income $4,000 from security fobs and remote, storages rental and etc. Great income upsides potentials!
- Easy Letting Works
Only 10 in letting pool, easy job and there is a good room potential for letting to grow
- Body Corporate very good and supportive to work with
- Luxury and Spacious Manager Residence
Offers luxury three bedrooms, two bathrooms,
Well-designed layout, cross ventilation and breezes
Morden lounge, dining room, kitchen, laundry and patio
Detached back office and reception on title and plenty of basement storages and two car spaces on title.

Come on in and reap the rewards that this fantastic offering has to offer.
This is the Goldilocks complex, offering a great lifestyle and solid business. Just Right!


Managers Unit

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    Last updated: 8th December 2018


    Property Type
    Contract Type
    For Sale
     Kings Beach
    $1,090,000 ONO
    • Management Rights

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    David Jiang
    David Janett