TARGETING 25% RETURN ON EQUITY, INCOME YIELD OF 14%
Coolangatta, Queensland
Beachshakz Pty Ltd (“beachshakz”, as manager) is proud to present Reflections at Coolangatta Beach, an exceptional investment opportunity with substantial potential for increasing returns. This premium property comprises two iconic towers, “Reflections on the Sea” and “Reflections Tower 2”, offering a total of 202 luxury apartments. The investment boasts a net operating profit (NOP) of $2,000,000 for FY23, supported by a combined body corporate salary of $638,175...
EXPRESSIONS OF INTEREST BY 4PM, 23RD OCT 2024
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EXCLUSIVE - ABSOLUTE BEACHFRONT SHORT TERM GEM
Tugun, Queensland
Mixed Letting Management Rights For Sale. Southern End of the Gold Coast. Well maintained mid rise resort. Long standing managers have decided to retire. 35 unit complex with 18 units in the letting pool. Body Corporate salary of $78,000. Long agreements with over 23 years remaining. Sinking fund balance $252,000 as of 1 October 2024. Would suit either experienced or first time operator. Excellent Committee & Body Corporate. Resort style facilites including heated pool, half tennis court & BBQ...
NET PROFIT: $ 202,676 ASKING PRICE: $ 1,826,000
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