SURFERS PARADISE QLD 4217
$740,000

DESCRIPTION

Quality Built and Permanent!!

Quality built and beautifully maintained low rise apartment building situated in a prime location. Positioned on a canal with the option of a marina birth and surrounded by quality water front homes.

The business is predominately caretaking with only 7 permanent rentals to administer. It's central position and easy access to public transport ensures the rental properties are in high demand. Light rail station only 50m away. An ideal starter or ease into retirement.

Apartment $475,000, Management Rights $265,000 Net Profit $70,000.
Marina berth available, boat ramp on property, Light rail 50m.