14/74 - 86 Old Burleigh Road, Surfers Paradise QLD 4217
La Sabbia Management Rights... Exclusive residential only prestigious building
Apartment Sold - Surfers Paradise QLD
La Sabbia Absolute Beachfront Management Rights and Luxury Apartment
A rare opportunity to buy into a 5 star building and prestigious position on the golden sands of the Gold Coast.
Includes Luxury 336m2 apartment on 2 levels with ocean views and huge balconies and large terrace overlooking the garden and grounds, 3 bed, 2 Bath, 2 car tandem plus huge storeroom on title. Large living areas and formal dining area and modern kitchen, quality interior finishes throughout.
Includes a beautiful office reception area includes all office equipment and computers and management software. La Sabbia is a 97 unit residential only building (only permanent letting).
* Body corporate income of $226,813.20 (includes GST) Annually
* Monthly remuneration $18,901.10 (Monthly)
* Projected net operating profit $255,691.13 (Annully)
Also the ability to sell apartments in the building can achieve approx between $60,000 to $85,000 per year above the operating profit as extra income as proven by previous managers etc. Suit executive business couple or family with experience in management rights.
Positioned between Surfers Paradise and Broadbeach and surrounded by parks, transport proximity to Star Casino, Convention Centre, Pacific Fair and Major Shopping & Restaurants and G:Link light rail. This Building offers a lifestyle most would envy and a boutique 5 star accommodation and management.
Building includes Tennis Court /Indoor heated 25 meter lap pool /Function room/Gymnasium /large resort style pool / absolute beachfront location and security access throughout building and beach access.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Real Estate Agent
- Air Conditioning
- 2 Ensuite
- Secure Parking
- Tennis Court
- Outdoor Entertaining