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Exceptional Permanent Complex - Close To Surfers Paradise In Bundall For Sale

Bundall, Queensland, Australia
Asking Price:
$1,339,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Although located in a peaceful and picturesque residential area, this family focused complex is only a few minutes drive from Surfers Paradise. A mix of 48 townhouses and villas, this complex has been tightly held by the current managers for over 12 years. Easy to operate and providing the best possible work/lifestyle balance. With no office hours, it can't get better than this.

Located in an area that has maintained consistent and strong quality tenant demand. Many long term tenants in place and the current managers have achieved great rental returns.

Very supportive Body Corporate committee with excellent salary. The agreement is supervisory only enabling the managers to have the option to undertake caretaking works themselves (and be paid by the BC) or to supervise the BC's gardeners/cleaners to carryout the works (the BC pays the gardeners/cleaners).

Lovely 3 bed 2 bath villa with large patio and 5 car spaces! The villa includes solar power/solar hot water and the complex is pet friendly (subject to usual body corporate approval).

Close to schools, shops and transport and the Gold Coast's beautiful beaches are close by. This is an opportunity not to be missed.

Nett operating profit of $144,000.00 (based on the next 12 months of income).

• Business: $719,000.00
• Unit: $620,000.00
Total Price: $1,339,000.00

For more information, please contact the seller through the form on this page.

RAAS Property Group and the listing agent have made every reasonable effort to ensure the accuracy of the information contained here and will not be held responsible for any incorrect listing information. All buyers must necessarily undertake their own due diligence investigations before relying on the same and proceeding to contract.

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