Unique 5 Star Rated Coolum Seaside Apartment Resort !

Last update: 27 March 2010.

Price $ 2,995,000 - Net Income $ 440,000

Financial Data
Listing Status	current
Price	$ 2,995,000
Net Income	$ 440,000 (actual)
Remuneration	$ 80,000
Complex Specifics
Location	Coolum Beach qld, 4573 Australia
Complex Features	Swimming Pool; Spa; Tennis Court; Heated Pool; Lap Pool; Security Parking; Gymnasium; Lifts; Penthouses with Private Spa;
Managers Unit Specifics
Managers Bedrooms	3
Managers Unit Features	Spacious Open Plan; Two Bathrooms; Quality Fixtures and Fit-out; Two Private Courtyards; Double Lockup Garage; Private Office and Reception On Title;
Pets Allowed?	no
Manager's Unit Value	$ 750,000
Letting Rights
Agreement Term	25 years
Agreement Remaining	25 years
Total Units	45
Units in Letting Pool	44
Owner Occupiers	1

Unique 5 Star Rated Coolum Seaside Apartment Resort !

No secrets for sale here ! Platinum Resort Brokerage are the Exclusive Agents for Coolum Seaside ! www.coolumseaside.com ! The only 5 Star Rated Resort in Coolum Beach. This property oozes class and represents a truly unique opportunity to secure the management rights to this multi award winning property. Currently the business is netting $440k plus $57k in additional wages with plenty of scope for further profit growth. Another huge plus with this building is the unique arrangement with the body corporate, the building manager only has to deal with one owner to get things done ! no hostile committee to frustrate you running your business here ! The body corporate also pays an additional $20k direct to a garden contractor. Go to the website www.coolumseaside.com for more info then phone Barry or Ian to arrange your inspection. Be quick this one wont be available for long !

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