BEAUTIFUL 4.5 STAR PERMANENT COMPLEX ON THE BEACH IN CAIRNS

Top superior 4.5 star permanent beach resort. Modern and stylish in great location. Easily managed.
Resort has been changed from holiday rentals to permanent letting due to change of zoning from the council and due to the current Covid pandemic
Most apartments identically furnished, spacious one bedroom apartments with balconies, Ideally located on the corner across the road from the beach. Units are designed to maximize natural light. Only 12 minutes from Cairns by car.
The extensive gardens are maintained by one full time gardener with assistance from the manager.
Electricity and gas for the complex are supplied by the manager under resale agreements. There is a
single electricity meter for the complex and the manager contracts to purchase and bills tenants/owners for
use.
The current agreements have a clause that the term well be automatic renewed.

Property Details

AUTHORITY:
open
BUILDING TYPE:
3 story
FEATURES:
Full tour desk, BBQ area, undercover car parking, Resort Pool, WiFi network
PETS ALLOWED?
Yes

Management Rights Information

$14,350,000

PRICE

$ 291.000,-

Net Profit

ACTUAL

Calc. Type

$ 155.077,-

renumeration

Total Number of Units in Complex: 74
Units in Letting Pool: 57
Units Owner Occupied: 11
Units Let by Outside Agents: 6
Number of Lockup Units: 0
MR Agreement Term: 25
Agreement Term Remaining: 21
Age of Complex: 21

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$ 270.000,-

Bedrooms in Manager’s Unit:

1

Bathrooms in Manager’s Unit:

1
Carspaces with Manager’s Unit:
2

Additional Manager’s Unit Features:

2 balcony’s

Consultant Details

Frank van der Heijden

PHONE:

MOBILE:

0407137186

Enquiry Form

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