Beachfront Location with Dual Income plus Management Rights

This amazing dual income investment opportunity offers 2 units plus the opportunity to purchase the management rights. The Tahitian holiday apartments, perfectly positioned across the road from Park Beach offer a lovely three bedroom unit to live in and a fully furnished high yielding ground floor unit with both units on the same title.<br/>The northeast facing renovated three bedroom unit offers two storeys, starting on the ground floor with the reception area leading into a large open plan living, dining and kitchen, powder room, small office, additional lounge and dining areas and an enclosed deck which overlooks a private courtyard. The well-appointed kitchen features wall oven with electric cooktop, dishwasher, room for a double fridge, plenty of storage, a huge walk-in pantry, and stone benchtops. Upstairs are two bedrooms with built-ins, the main bathroom with freestanding bath and walk-in shower plus a large master bedroom with walk-in robe and ensuite positioned to capture the natural sunlight and ocean breezes. In addition to the downstairs area is a separate laundry, laundry room and workroom, storage area and a single lockup garage. The two units comprise 12% of the overall building and 2.5% of the body corporate vote.<br/>The one bedroom unit comes fully furnished, is generous in size with open plan kitchen, dining and living and can be accessed both front and back if required. The kitchen has a built-in oven and cooktop, rangehood, wrap around bench with breakfast bar, combined dining, and lounge area while the large bathroom includes vanity, shower and toilet.<br/>Enjoy close walking access to the surf club, bowling club, Park Beach Plaza, restaurants, café and just cross the road and you are at the beach. <br/>Not ready to retire but don’t want a fulltime job, here is the opportunity for a relaxed beachfront lifestyle while at the same time earning a good income.<br/>Council Rates: $2,460pa (approx.) - Strata fees: $17,940pa (approx.)<br/>Management Rights are available to purchase for an additional $250,000 and extend the perfect opportunity for a two-person team to enjoy the location and lifestyle that Park Beach has to offer. With 10 year agreements, an easy to manage complex, this property would suit a first-time operator or an ideal add-on business for operators looking to expand their portfolio in this area. Strong Body Corporate salary with 10 year agreement in place. After 20 years, the owners of this beachside gem, are moving on.<br/>• Management of 15 units<br/>• Competent staff in place<br/>• Perfect business for first-time newcomers to the industry<br/>• Wide range of facilities cater for family holidays lending to repeat business<br/>• 4 washing machines (2 coin), 2 driers (1 coin)<br/>• Minimal hours required to operate<br/>• Website, domain names and other important components included in the sale<br/>• Hand over period for incoming buyer for continued support<br/><br/>Sue Ross Real Estate exclusively presents the management rights and associated real estate to this high-netting business. Figures and further information are available on request.<br/>