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2 Bedroom Unit and Management Rights - Coolangatta

$890,000

  • ID Ref MBSARIES
  • Suburb Coolangatta
  • State QLD
  • Status For Sale
  • 2 Bedroom Unit and Management Rights - Coolangatta

Business Description

For those seeking a permanent holiday lifestyle, with a net income to one working owner of approximately $90,000 per year, this one is for you! On offer here is not only a fantastic two bedroom ocean side apartment, but also management rights to the "Aries Coolangatta".
The boutique "Aries Coolangatta" comprises 17 residential apartments. The common area includes resort-style facilities including a pool and spa, plus there is a secure underground car park and a lift for added convenience.
The managers apartment is on the ground floor and features an open plan living and dining area which enjoys balcony access, capturing those cool coastal breezes perfectly. There are two double size bedrooms, the master accompanied with an EnSuite. The kitchen is complete with a dishwasher and quality appliances, plus a secure underground car space is allocated to this unit.

Just meters from Coolangatta Beach, a children's playground & BBQ area, plus within walking distance to all Coolangatta's shopping, dining and entertainment precinct has to offer, location does not get any better than this!





Managers Unit $630,000

Business $260,000

Total $890,000



Holiday : 10

Lockups : 3 + Penthouse

Outside Agents : 1

Owner Occupiers : 2 (including managers unit)

Total : 17 (10 of which are in the letting pool)

Net Income approximately $90,000 p/a

Business Features / Snapshot

Managers Unit

    Financial Snapshot

      Complex Information

      • Total Letting Pool: 1

      Your Business Broker

      Dru Morgan
      • Dru Morgan

      • Mobile: 0418 185 484
      • Enquiry: send email

      Business Location

      Coolangatta, Queensland 4225