A REAL LIFESTYLE RESORT

The complex is located in an absolute prime location on a unrepeatable beachfront site at beautiful Clifton Beach 18 Kilometers from Cairns CBD and Cairns International Airport.

Being one of several beaches that make up the Cairns Beaches tourist strip, Clifton Beach is a quiet pristine unspoiled area where there is uncrowded time to enjoy the surrounding natural beauty of the area.

Adjacent is Palm Cove with it’s many shops and restaurants, while the shopping and night life of the Cairns CBD is a casual 20 minute drive along the 4 lane Cook Highway.

The complex is a security gated complex designed and constructed in 2003 it is regarded as one of the outstanding accommodation complexes in the Clifton Beach /Palm Cove area.

The complex provides spacious and luxurious accommodation in a tropical garden environment with twelve separate buildings each comprising two adjoining villa apartments side be side totaling 24 four bedroom apartments

Current managers operate the complex only as caretaking managers with 2 lettings which has future increasing potential. This is a very easy to run lifestyle complex.

Small pet is allowed.

Features

* Swimming Pool
* Spa
* BBQ Area
* Security Gated / Intercom
* Beachfront property
* Established gardens

The Facts

* Located in prestigious Clifton Beach
* 4 bedroom 2.5 bathroom managers unit
* 24 units (2 in letting)

The Seller will also assign a additional contract for managing a luxury beachfront holiday house to the purchaser. This contract is expected to generate additional $10,000 of net profit p.a. This profit is not currently factored int the asking price.

Property Details

AUTHORITY:
open
BUILDING TYPE:
Low Rise
FEATURES:
Inground Pool, Inground Spa, Airconditioning, Intercom System
PETS ALLOWED?
Yes

Management Rights Information

$749,000

PRICE

$79,000

Net Profit

ACTUAL

Calc. Type

$49,237.85

renumeration

Total Number of Units in Complex: 24
Units in Letting Pool: 2
Units Owner Occupied: 15
Units Let by Outside Agents: 6
Number of Lockup Units: 1
MR Agreement Term: 25
Agreement Term Remaining: 20
Age of Complex: 16

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$535,000.00

Bedrooms in Manager’s Unit:

4

Bathrooms in Manager’s Unit:

3
Carspaces with Manager’s Unit:
2

Additional Manager’s Unit Features:

Double lock up garage, Private courtyard

Consultant Details

Nicky van der Heijden

PHONE:

MOBILE:

0407369699

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