Good Location – Opportunity – Realistically priced to sell

This property is ideally situated in the heart of Airlie Beach, North Queensland – Australia. The complex is nestled on a hillside overlooking the town centre. The terraces of the 6 by walkway connected buildings offers panoramic views of the Whitsunday waters and to the picturesque islands beyond. The property has one and two bedroom (dual key) apartments and studio suites. As a reflection of the high standards of the resort, the property has been the proud winner of the Whitsunday Tourism Awards for superior accommodation.
With new agreements already in place and a current occupancy of approx. 60% this complex has great potential for further growth with an astute manager
Actual figures up to November 2010 are available on request.

Property Details

AUTHORITY:
open
BUILDING TYPE:
2 Story Walk Up
FEATURES:
Conference and function room facilities, Poolside bar and restaurant, The resort has 2 pools and outdoor spa, Kiosk sales, Guest Laundry, Internet desk, Off street parking, Tour information and booking desk, Cable TV
PETS ALLOWED?
No

Management Rights Information

$

PRICE

$0

Net Profit

ACTUAL

Calc. Type

$0.00

renumeration

Total Number of Units in Complex: 140
Units in Letting Pool: 95
Units Owner Occupied: 20
Units Let by Outside Agents: 20
Number of Lockup Units: 5
MR Agreement Term: 25
Agreement Term Remaining: 22.5
Age of Complex: 20

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$0.00

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

1
Carspaces with Manager’s Unit:
1

Additional Manager’s Unit Features:

Lot 10 is the managers apartment and is 93 sqm. Separate on title is Lot 14 the Office / Reception (129 sqm.) and is valued at $ 325.000,-

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Enquiry Form

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