A great complex in a central location offering a unique business.

20 x 1 bedroom air conditioned apartments which all have large balconies, most with superb water views. Good repeat clientele ensure the businesses success.

In the heart of Caloundra – steps to the beach & town centre. The facilities include – heated pool/spa, lift, security parking, on site restaurant (operated independently).

With the building having a motel classification only short term letting is approved so all units are, and will stay as rental apartments however the business is run as a standard management rights operation.

The managers apartment is a 3 bed, 3 bath with airconditioned living areas leading onto a large tropically landscaped balcony/patio entertainment area. The 3rd bedroom has been magically styled and overlooks the pool. With its own access and bathroom there is the opportunity to include this as a boutique accommodation offering within the business.

This an excellent & unique business with great returns.

In summary:

- Large 3 bed managers residence set in
tropical gardens with the 3rd bed having
own access and bathroom.
- Good BC salary over $35k, minimal
grounds.
- No set office hours.
- 17 years remaining on BC agreements.
- Managers pet approval in place
- Net income $206k and improving.
- Asking only $995k for business plus
managers residence.

For further information regarding this unique business please contact the agent Lindsay Petty at RAAS Rights on email lindsayp@raas.com.au or Mob 0407029138 & remember talk to RAAS first regarding all your MR needs.

Lift, disabled apartment, large balconies with superb ocean views.