Apartment for sale
Apt 14 Old Burleigh Road,
Surfers Paradise, QLD
3 2 2
$3,100,000 Management Rights Must Be Sold !
Absolute Beachfront Management Rights with Luxury Apartment at La SabbiaLa Sabbia Absolute Beachfront Management Rights and Luxury Apartment
A rare opportunity to buy into a 5 star building and prestigious position on the golden sands of the gold coast .
Includes Luxury 336m2 apartment on 2 levels with ocean views and huge balconies and large terrace overlooking the garden and grounds , 3 bed 2 Bath 2 car tandem plus Huge storeroom on title . Large living areas and formal dining area and modern kitchen,quality interior finishes throughout .
Includes a beautiful office reception area includes all office equipment and computers and management software .Building has 97 units , La Sabbia is a residential only building / Only permanent letting.
* Body corporate income of $226,813.20 (includes gst) Annually
* Monthly remuneration $ 18,901.10 ( Monthly )
* Projected net operating profit $255,691.13 per annum
Also the ability to sell apartments in the building can achieve approx between $60,000 to $85,000 per year above the operating profit as extra income as proven by previous managers etc.Suit executive business couple or family with experience in management rights
Positioned between Surfers Paradise and Broadbeach and surrounded by parks ,transport proximity to Star Casino ,Convention center ,pacific fair and Major Shopping & Restaurants /Glink rail. This Building offers a lifestyle most would envy and a boutique 5 star accommodation and management .
Building includes Tennis Court /Indoor heated 25 meter lap pool /Function room
/Gymnasium /large resort style pool / absolute beachfront location and security access throughout building and beach access .
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise
For further information please call prestige sales agent Boris Burcul. anytime on 0417 765 550
Last updated: 03:26AM on Jul 10th 2018