In a nutshell (About this Management Rights)

"Talk to someone who's paying attention" . . . .

1 Bedroom Managers Unit will restrict buyers to Couples only but fabulous income for enthusiastic operators.

Independent Licenced Real Estate Agent 07) 5594 0016 or 0403 050 255 (Terry) or 0403 382 046 (Mei)       Fax 07) 5594 0034

Still room to further build this great lifestyle business.

E: terrymcmiles@bigpond.com W: www.terrymcmiles.com

Home Office : 1/6 Buddy Holly Close Parkwood Qld 4214

About Terry

Holiday Building in prime location at Burleigh Heads - $510,000 Has office on title attached to 1 bedroom Managers Apartment Ideal for Couple or single person seeking strong income.

Buying Enquiries

Sellers Information

Contact Terry

Home

About Manage- ment Rights . . . Click here for explanation

Opportunity knocks! Owners  ready to retire. Caretaker couple currently on site and could stay or huge potential for improvement if you take over the reins yourself.. Great opportunity to buy well if you are ready to buy now. Don't miss this chance.

Just a stroll to Burleigh Beach

The Units offer good holiday budget accommodation in a very convenient and easy to find location. There are 27 Units in the Mediterranean style Complex &  the letting pool comprises 11x 1 bedroom units (will take up to 3 people) and 1 x 2bedroom (up to 4 or 5). As such, the building tends to  attract excellent clientele.

It is very rare to find big noisy groups in this boutique building, clients are mostly couples or small families. Guests enjoy security car parking under the building, a lovely pool, Spa & Bar-b-que area in a lush established garden setting.

This is not a difficult business to operate (currently being run under management) but will benefit by a computer savvy  owner operator who will make the website more user friendly to attract more direct bookings. Nett income is solid, but still plenty of room for improvement with occupancy currently high as owners have moved part of letting pool to semi-permanents. Holiday bookings currently coming direct by phone, or through 3rd party sites but a facility to book online will help bookings a lot.  This budget style of accommodation in a location as popular and well known as Burleigh will be first part of tourist market to recover. The Managers Unit features an on title office with lovely outlook over gardens & pool, direct entry to combined living area, Kitchen and one bedroom & bathroom. Could do with a cosmetic makeover (paint & general "brighten-up"), but will be quite comfortable for a single person or couple. Manager also has a large storage area under the building plus an exclusive use laundry & store room. Linen supply outsourced.

Photos at right are rental units and above is the outlook from the managers office and below is managers office desk and some of the included equipment. A financial report is available on signing a confidentiality document, please contact Terry

As stated, fully licenced owners currently have caretakers on site as there is minimum work to do with majority of letting pool now permanents. Very easy to move them back to holiday lettings as tourism again builds on the Coast. . . . great flexibility here and upward income potential is very real.  Previously offered at well over $600,000 - huge reduction late January 2012 to meet current market.  Contact Terry for Financial information