Please refer to Reference No: MR13

Management Rights

Managers Unit: 3 Bedrooms

Modern managers apartment located on podium level which enjoys views of the broadwater and ocean. The main living area is airconditioned though the unit also enjoys ocean breezes all year round.

Financial Snapshot

• Net Profit: $420,000
• Business Value: $2,465,000
• Body Corporate Salary: $92,000
• Salary Review: CPI annually
• Body Corporate Levies: $5,056
• Council Rates: $1,600

Complex Information

• Star Rating: 3.5 Star
• Total No. of Apartments: 70
•    Apartments in Letting Pool: 60
•    Holiday Letting: 60
•    Owner Occupied: 6
•    Outside Agent: 1
•    Lockup: 2
• Agreement Module: Accomodation
• Agreement Term: 20 years
• Agreement Term Remaining: 17 years

Full Description:

Motivated vendor gives you the opportunity to purchase this iconic landmark building. Positioned with the best location on the Sunshine Coast. With a total of 70 units over 14 levels this superb building offers both income and lifestyle. The managers enjoy ocean views from their air-conditioned 3 bedroom apartment whilst the convenience of downtown shopping and restaurants are close at hand. This business is a proven performer and will continue to set the benchmark for the area. Dont miss your chance to own the best, contact marketing agent Monty Van Dyk on 0413 770 636 to arrange your inspection.
email: admin@kapitolbrokers.com.au
Summary:
Icon High Rise Tower
Nett profit $420,000
3 bedroom a/c managers freehold apartment included
Sale price $2,800,000
visit website www.kapitolbrokers.com.au