Airlie Beach

This beautiful small holiday complex is located in the heart of Airlie Beach overlooking the mesmerizing award winning panorama views from every 1,2,3 and penthouse rooms including reception and manager unit!

It currently has a 10 years standard module with 8 years left but contract can be subject to a brand new 25 years agreement in accommodation module!!!

In addition a great opportunity to operate the Cafe/Function room with full commercial kitchen on separate title which is included in the price. This property has a majority of holiday rooms and only a couple permanent which provide constant cash flow.

But it gets better from there with a high body corp salary of 100K +

Property Details

AUTHORITY:
Open
BUILDING TYPE:
2 Story Walk Up
FEATURES:
Inground Pool, Airconditioning, Cascading Waterfall, BBQ Area
PETS ALLOWED?
No

Management Rights Information

$1,975,000

PRICE

$241.000

Net Profit

ACTUAL

Calc. Type

$100,725.000

renumeration

Total Number of Units in Complex: 26
Units in Letting Pool: 20
Units Owner Occupied: 4
Units Let by Outside Agents: 1
Number of Lockup Units: 1
MR Agreement Term: 10 Years
Agreement Term Remaining: 8 years
Age of Complex: 1999

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$1,015,000.00

Bedrooms in Manager’s Unit:

3

Bathrooms in Manager’s Unit:

2
Carspaces with Manager’s Unit:
0

Additional Manager’s Unit Features:

This beautiful fully air conditioned 3 bed 2 bathroom apartment has panorama views of Airlie Beach with an undercover patio. Below Managers unit is the Cafe/Function Room (inclusive on separate title) with full commercial kitchen but has option as well to turn it back into a massive unit which was previously done. Has full bathroom with spa.

Consultant Details

Nicky Van der Heijden

PHONE:

0407369699

MOBILE:

0407369699

Enquiry Form

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