PROPERTY DESCRIPTION

Kalua Holiday Apartments has been a Maroochydore favourite for many years given its location directly opposite the Ocean with both Maroochydore and Alexandra Headland Surf Clubs only a short stroll away.

The Facts
Having been owned by the current Managers since 2012. The time has come for them to fully retire.

The past few years has seen them oversee the Body Corporate’s upgrade of the Kalua Holiday Apartments complex, leaving it in great condition ready for the new managers to focus on growing their rental business. The Managers apartment has also undergone renovations over the past few years and is now modern, clean tidy and very functional, ready for the incoming managers to take up residence. Truly a home you can be proud of! (Photos in Listing are of the Managers apartment)

Vendors are serious about meeting the market
– Profit and Loss figures prepared as at 28th February 2019.
– Additional Income NOT INCLUDED in Net Profit – Apartment Sales – Average of $9670.50 earned as Local Agent Contractor over the past 2 years (Note – Full Real Estate Agents Licence Required to earn this additional income)

In 2014 the vendors purchased an additional apartment which has in recent years been included in the Holiday Letting income. This Apartment number 22 is in the process of being sold by the owners so an opportunity exists for the incoming owners to act quickly and also secure that apartment. The Owners are also the Real Estate Agent and will only sell to an investor to ensure the regular winter guests arriving for two plus months in June have their favourite winter hideaway.