Small mixed permanent/holiday letting business in the heart of Coolangatta. Minimal hours involved to operate this business. Tidy renovated top floor managers apartment has lovely views over Coolangatta and its an easy walk to the beach, shops and clubs. Excellent value for money here! All cleaning outsourced to contractors so room to improve net if you do your own cleaning (additional $4,600). Three additional outside rentals are available to manage if desired – no charge for this additional income (approx. $4,500 pa). Excellent Body Corporate! Well maintained, older style apartment building with little street appeal but if you can see past that its a great apartment in a brilliant location, offering a relaxed beach life style with a very handy income!!
Net Profit $38085. Managers apartment $3200,000. Management Rights $60,000 Total Price $380,000.
To arrange an inspection or for additional information please contact the agent Steve Gracie 0406686383 steveg@raas.com.au