• Pelican Cove
  • Pelican Cove
  • Pelican Cove
  • Pelican Cove
  • Pelican Cove
  • Pelican Cove
  • 2Garages
Holiday/Permanent Waterfront 4.6 Multiple

Net has just gone up but price didnt. Waterfront Holiday Complex in Biggera Waters • Great lifestyle waterfront complex of 65 apartments, three level walk up • A mixture of permanent & holiday letting and owner occupied. • Offers a good return of $238+ with a good BC Salary of over 115K... Features include • 2 renovated pools, facing to the canal with fantastic holiday feeling • Half tennis court • Gym, BBQ area and pay TV with NBN installed. • Large underground car park • Every unit has water views • One block away from Broadwater • Walking distance to Metro shopping center & restaurants • 5 minutes drive to Harbour Town shopping center and 15 minutes to theme parks. • Public transport is also close by. Managers unit, has been FULLY renovated from top to bottom and it is beautiful and spacious. • 3 bedrooms, 2 bathroom, 2 large balconies. • Nice views overlooking the pool / waterfront areas. • Separate office is on title, easy access from the apartment. • Reasonable office hours with the ability to have staff run the office. Very well run complex so just come and take over all the hard work has been done!!! Already pre booked of 70% of holiday makers. Lots of return guests due to the sporting facilities in the area. Call Kerrie Lush 0416 084 693


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: 115528

Management Unit

Management Unit Price: 775,000.00

Complex Overview

Complex Type / Module: Resort

Total Units Inside Letting Pool: 25

Total Units in Complex: 65

Holiday Units: 18

Outside Agent: 4

Owner Occupied: 31

Agreement Term: 25 Years

Years to Run: 18 Years

Kerrie Lush
Kerrie Lush


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.