Ocean View Mid-rise Central Location

Last update: 28 July 2010.

Price $ 2,920,000 - Net Income $ 433,000

Financial Data
Listing Status	withdrawn
Price	$ 2,920,000
Net Income	$ 433,000 (actual)
Remuneration	$ 85,000
Complex Specifics
Location	Alexandr Headland qld, 4572 Australia
Complex Features	Swimming Pool; Spa; Heated Pool; Ocean View Apartments; Security Parking; Lifts; On-site Restaurant;
Managers Unit Specifics
Managers Bedrooms	3
Managers Unit Features	Air Conditioning; Hotel Style Foyer; Front Back office on title; Two Bathrooms; Ocean view; Quality Fixtures fitout;
Pets Allowed?	no
Manager's Unit Value	$ 620,000
Letting Rights
Agreement Term	25 years
Agreement Remaining	15 years
Total Units	68
Units in Letting Pool	48
Outside Agents	6
Units in Lock-up	7
Owner Occupiers	6

Ocean View Mid-rise Central Location

Ocean view mid rise situated directly across from Alex surf beach. Surf Club, restaurants and shopping all within 5 mins walk of this centrally located beachfront building. Plenty of scope to improve on the already impressive net of $433k. Contact Barry or Ian for further information or to arrange an inspection.

Contact Listing Agent