BEST BLUE CHIP
BURLEIGH HEADS MLR

NET PROFIT $209,000* - PRICE $2,100,000

Business Description:

Peerless location with Burleigh Heads beach across the road from your ground floor apartment plus the National Park is your next door neighbour!

Live in Gold Coasts most desirable locale, Burleigh Heads, all the while growing your business and making great profit.

Price Breakdown:

• $1,100,000 Apartment
• $1,000,000 Management Rights
  

Apartment Features:

• Secluded master with built-in robes
• Generously sized second bedrooms with-built in robes
• Chef's kitchen with granite bench tops
• Spacious al fresco balcony with northerly aspect up the coast to Surfers Paradise
• New quality sound-proof external windows and doors
• One secure car park with ample onsite visitor car parking
• Developers are stalking this location with potential for major value uplift

Complex Features:

• Breathtaking panoramic views
• Iconic beach, surf and sand across the road
• National Park walking trails at your door step
• Walking distance to restaurants, bars, cafes, surf club and more

Management Rights Business:

• $209,000* Net Operating Profit (year end 31 January 2025)
• $54,869* incl. GST current caretaker salary; reviewed every July via CPI mechanism
• 11 units in the holiday letting pool out of 34 in the complex means big potential to grow your pool
• Front desk and office operated separately to private manager's residence
• Multiple large storage areas at your disposal
• Standard module caretaker and letting agreements

Disclaimer: Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

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PO Box 1080, Noosaville BC, Queensland, 4566, Australia
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