What a steal. This will represent outstanding value! 2 bedrooms, 2 bathrooms, 2 kitchens – sleeping up to 10 people. Free marina use for 56 days and full resort facilities. 20 minutes by boat from Surfers Paradise. Owner demands offers presented now.
XXXXXXXXXXXXLEASEBACKXXXXXXXXXXX The owner of these two properties has leased each of them to the Couran Cove Island Resort until 31 January 2008 (extension option now available to 31 July 2008) for a guaranteed fixed rental paid quarterly. Each lease sets aside 28 days pa for owner use on a flexible basis allowing the resort effectively 48 weeks use per unit pa. The lease incomes pa are Unit 3603 $12,781; and Unit 3604 $13,502. Ongoing owner expenses for each unit are Body Corporate $6,040pa; and Rates (approx) $1291pa..