Oceanside Cove
Oceanside Cove
Oceanside Cove
Oceanside Cove
Contact for price
  • Oceanside Cove
  • Oceanside Cove
  • Oceanside Cove
  • Oceanside Cove
Live in the heart of Burleigh beachside

Live in Burleigh near all the restaurants pubs, beachs shopping etc...Low Multiple. Holiday complex available. Has done well during the Covid mess and continues to be popular with return guests. They love the locality and you will too !!! Chance to renovate the Managers apartment and gain some extra dollars down the track. Prices of units continue to increase on the GC but particularly at Burleigh. 3 bedrooms are very rare and this unit is Spacious!!!!!!

3 BEDROOM 2 BATHROOM SPACIOUS UNIT WITH 2 BALCONIES
2 SECURE UNDERCOVER CARPARKS
UNIT 735K (valued in 2020 by HTW)

NETTING: 125K (ACTUAL)
BC SALARY : $42,000

10 YEARS (REGULAR TOPS UPS HAVE BEEN PERFORMED)
CURRENT OWNER BEEN THERE FOR 6 YEARS WANTS TO RETIRE
9 HOLIDAY IN POOL (30 IN COMPLEX)
HEAPS IN SINKING FUND
WALK TO RESTUARANTS, SCHOOLS, SHOPS, BEACH, PUB
Can be easily Managed by one person (has been for the last 6 years)
Call Kerrie Lush 0416 084 693
ONLY 40 SECONDS WALK TO BEACH (IF YOU ARE BRISK)
CLOSE TO JAMES STREET AND RESTAURANTS/SURF CLUBS ETC

BURLEIGH HEADS BEST KEPT SECRET!!!
4 Star Holiday accommodation of spacious one, two or three bedroom fully self-contained apartments featuring en-suite, fully equipped kitchen with microwave, laundry facilities, CABLE TV, Air-conditioning, DVD and balcony. Wireless Broadband Internet is now available.

Secure stairwells with individual basement parking for vehicles and storage.

Set amongst tropical gardens with a solar heated swimming pool and BBQ area and whilst we are not beachfront, one of Australia's best surfing beaches is only 50 metres away.

Spacious managers apartment with large family room, 3 bedroom with en-suite to main. 204sqm inclusive of 2x patio's. Managers office and garage/storage facility to basement level. Master bedroom has air/con. Two car parks.


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: 42000

Management Unit

Management Unit Price: 735000

Complex Overview

Complex Type / Module: Resort

Total Units Inside Letting Pool: 8

Total Units in Complex: 30

Holiday Units: 8

Outside Agent: 2

Owner Occupied: 14

Agreement Term: 10

Years to Run: 9

Kerrie Lush
Kerrie Lush
Robert Collins
Robert Collins


CONFIDENTIALITY AGREEMENT GOVERNING ALL BUSINESSES LISTED WITH RAAS MANAGEMENT RIGHTS

In consideration of RAAS (being any or all of RAAS Property Group Pty Ltd and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by RAAS, We/I hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by RAAS;
  3. Not to make an approach to the Vendor of any business disclosed to me by RAAS, or the business’ staff, customers or suppliers without prior arrangement with RAAS and to refer all queries through RAAS;
  4. We acknowledge that RAAS is the introducing broker, and that all offers and deposits for the business, shares or property will be conducted through that office.
  5. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to RAAS Property Group as the case may be;
  6. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify RAAS against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.
  7. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  8. If I decide not to proceed with the investment, I agree to immediately return to RAAS all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  9. the relevant Act for the State or Territory including but not limited to (Electronic Transactions Act 2000 No 8 (NSW), Electronic Transactions (Victoria) Act 2000, Electronic Transactions (Qld) Act 2001, Electronic Transactions Act 2011 (WA), Electronic Communications Act 2000 (SA), Electronic Transactions (Northern Territory) Act 2000, Electronic Transactions Act 2000 (Tas), Electronic Transactions Act 2001 (ACT)

By checking this box, you are agreeing to abide by the terms of our Confidentiality Agreement.