Wonderful opportunity for semi retired person or younger couple looking for additional income to pay off the mortgage.
The Unit is on the ground floor overlooking the Pool, is renovated, has 2 beds and 2 bathrooms plus a covered outdoor living area with direct access from living room.
With the unit comes the caretaking and management rights which produces a $400 weekly income for just keeping an eye on the building, looking after the pool, and checking basement car park and stairwell landings are tidy. Added to this is another $400 per week for management of 12 investor units. Just about all permanent tenants now, so this is easy-peasy.
Management "by walking around" takes only an hour or so each day and returns $800 dollars weekly.
Great location between Broadbeach & Surfers, only 1 street back from Beach on Old Burleigh Rd and 150 steps to patrolled beach.
Great place to live, and good solid regular income for anyone with a bit of common sense and ability to communicate.
Contact Terry for more details and inspection.