3111/64 Palm Meadows Drive, Carrara QLD 4211

Unique carefree Investment (with perks) Formally known as Mercure Hotel Gold Coast Resort and operated by AccorHotel - Room 3111

If you have missed our previous sale, this could you be lucky day.
Extremely rare opportunity to add this investment in your property portfolio. As an investment (and perks) it’s important to realize that your investment unit cannot be owner-occupied. It is a short term lease and professionally managed by AccorGroup, where income is ‘pooled’ and distributed to all owners. This is a sweet little income percentage over bank interest. The occupancy levels has never been as high as before since the border reopened and covid lock-down lifted. As the resort pays for all repair and maintenance, unit upgrade/renovation on a regular basis, there is no requirement for you to replace any of the consumable. Body Corporate fees are taken out before distribution of funds. How much stress free can this investment be? The hotel management take care of everything.

Send in your inquiry today. Don't delay any longer your investment portfolio.

Some of the benefits to you as an owner.
- Room 3111 is on ground level. No more walking up or down the stairs but overlooking the pool.
- 2 weeks rent at reduce rate per year*
- Up to 50% discounted meals in house*
- Pleasure or business booking you are only 10 mns drive to Surfers Paradise
- Robina Town Centre, sporting stadiums, and theme parks nearby distance!
- Palm Meadows Golf Course for the Golf fan
- 2 outdoor swimming pool - Conference facilities - Tennis courts - Fitness/health centre - Massage/day spa facilities - Broadband Internet access - Restaurant/bar
- Two queen/king sized beds, nicely furnished room as per the Mercure standard of a 4 star hotel deliver.
- Private Spa bath and shower in the lot.

2021-2022 P&L
- B/C fees $1,851
- Council Rates $2,833
- Water Rates $1,305
- Rent income $16,938
Net profit $10,949
That's an approximate of 8.76 % Net income

*Perks are are to be confirmed with the Hotel management and its' agreement.
*Maeva Properties has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All Pictures shown are for illustration purpose only.