Ocean Views From All Apartments

Alexandra Headland QLD, Australia

Property Info

Location
Alexandra Headland QLD, Australia
Price
$2,320,000
Property Type:
Mooloolaba Management Rights
Status:
For Sale
Code :
S148

Property Description

  • Excellent 2 bed managers res with water views & the ability to live off-site
  • 35 Residential units with 27 in the letting pool, all with ocean views.
  • Strong BC salary of over $95k with 21 years remaining on agreements
  • Consistent letting pool with good historical income growth.
  • Nett income over $300k pa.
  • No set Office hours
  • 2 car garaging and plenty of additional storage.

Iconic building in ideal tourism location with strong nett income make this an attractive proposition

Financial Details

Nett Income:
$300,741
Remuneration:
$95,385

Manager's Unit

Number of Bedrooms:
2
Manager's Unit Value:
$690,000

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
21 years
Units in Letting Pool:
27
Outside Agents:
1
Lock Up:
3

Property Facilities

  • Swimming Pool
  • Spa
  • Cable TV
  • Games Room
  • Lift Access

Map

Contact Agent


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