Holloways Beach

An excellent well located easy to manage 4 star property

Vendor is motivated to sell and will look at all trades.

This beautiful and easy to manage complex is ideally located only one street from the beach. This complex has enough potential to increase the revenue by converting more apartments to holiday letting.

The complex offers 38 fully self contained 2 bedroom holiday apartments. All apartments offer fully equipped kitchens and laundry facilities, bathroom, air conditioning and ceiling fans, direct dial telephones and LCD television. From the 38 apartments the manager has 32 in the letting pool, divided up in 25 permanent and 7 holiday let.

The managers apartment comprises 2 bedrooms and 1 bathrooms plus an exclusive courtyard. The courtyard is fully fenced and therefore very private. From the managers unit there is direct access to an attached office. Pets are also allowed.

The office is attached to the managers apartment and is on title. The office has no set office hours. This complex would be suitable for semi-retired and/or first time management right owners.

Property Details

AUTHORITY:
open
BUILDING TYPE:
2 Story Walk Up
FEATURES:
Inground Pool, BBQ area, Tourdesk, WIFI
PETS ALLOWED?
No

Management Rights Information

$

PRICE

$0

Net Profit

ACTUAL

Calc. Type

$0.00

renumeration

Total Number of Units in Complex: 38
Units in Letting Pool: 32
Units Owner Occupied: 3
Units Let by Outside Agents: 2
Number of Lockup Units: 1
MR Agreement Term: 25
Agreement Term Remaining: 24
Age of Complex: 19

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:

Fully enclosed partial covered outside patio

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Enquiry Form

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