1/261 Golden Four Drive 'Golden Sea', BILINGA, 4225, Queensland

$750,000 Total package
3
2
2

Property Id - HS233078

Dj Stringer Property Services

76 GRIFFITH STREET COOLANGATTA Queensland 4225
View Contact Details
Price
$750,000 Total package
Bedrooms
3
Bathrooms
2
Car Spaces
2
Car Space Type
-
Property Type
Unit / Flat
Dwelling Size
204 m2
Land Size
-

ABSOLUTE OCEANFRONT APARTMENT & MANAGEMENT RIGHTS

If you are seeking a change in pace and a super lifestyle choice to match then you must consider this terrific business opportunity that comprises a brilliant
apartment and being the proud resident manager of a small boutique oceanfront complex.
Golden Sea Apartments comprises of 18 apartments only, in ground pool and surrounded by lush tropical gardens right on the water's edge.
The apartment - Immaculate and spacious 3 br apartment of 204m2 featuring :

- cool tiled flooring

- ensuite

- large front and rear terraces (rear with ocean views)

- double garaging + storeage

- fully equiped managers office with separate entrance & privacy to main residence.

The management rights business - Ideal set up with 7 of the 18 units under your onsite management (5 holiday let and 2 permanent let)

- In addition to the management of individual apartments your duties are to maintain the common areas, pool and gardens etc and this is remunerated by the body corporate

- The duration of Body Corporate Contract is June 2020 (with mutual right to extend)
Figures for both management and letting rights can be obtained by contacting the agent.

Location :
Golden Sea is situated on Golden Four Dve Bilinga... Read more - right next door to the Bilinga Surf Club.
It is 3 minutes to the Coolangatta Airport, Southern Cross University and 5 minutes to the thriving retail precincts of Coolangatta & Tweed Heads.

Agents Comments :
Fantastic opportunity to enjoy a semi retired lifestyle with a steady & secure income stream.
Easily managed by single or couple with minimal easy care duties.
Coupled with the apartment this management rights package is ready to go and priced to sell. Current managers have cared for both owners and the complex for almost 10 years and it's in tip top shape , now ready for takeover.

More Features

Indoor Features
view+
Built In Robes Yes Dishwasher Yes
Ensuite 1 Alarm System -
Intercom - Inside Spa -
Outdoor Features
view+
Pool Yes Garages 2
Deck Yes In Ground Pool Yes
Remote Garage - Outdoor Entertaining Area -

Inspection Times

  1. Please contact the agent to make an inspection.

Suburb Statistics

Terms of use

Median House Value: $636,000

Median Unit Value: $432,500

House Median GraphUnit Median Graph
Measurement Houses Units
Median Value $636,000 $432,500
Median Weekly Rent (Gross) $360 $355
Suburb Rental Yields 2.96 % 4.28 %
Annual Number Of Sales 18 20
Average Vendor Discounting 25.54 % 11.02 %
Average Listing Duration 253 days 162 days
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1 Suburb data provided by Residex Pty Ltd
2 Suburb Home Ownership and Population data created by Residex Pty Ltd, using data provided by ABS (2006)