This quality three storie complex is literally only 100mts to the closest patrolled surf beach to Brisbane, it’s the beach preferred by locals.
This beautifully presented complex has excellent repeat clients who come back year after year, with a multiplier of 3.5 times the true net income, the last two or three years’ Accountants
figures show $77,000 net, this comes with no rise in tarriffs, cleaning and linen, long overdue and should change the net to well over $85,000.

The building has 15 units with several enjoying classic ocean views, four are in a permanent rental with the onsite management and eleven on holiday, the mix is perfect.
The Managers’ residence is a well designed beautifully presented three brm two bathroom apartment on the first floor, while the reception is a small well organised on title area, fully fitted with easy to run computer systems.
The current Manager would be happy to stay on with a small retainer to give the new management time to get organised.
This business would be ideal for a couple wanting a sea change in a perfect setting while they make a reasonable living, all assistance given to help the new owners through the initial training etc.

Total asking price, – Includes The Business, The Residence, The Reception and an extensive Inventory, $730,000.

To know more contact Bob Denman 0410 49 1947.