A superbly appointed 4 star Resort set in stylish and elegant surrounds on the Cairns Beaches

This beautiful and easy to manage complex is ideally located complex is situated only a leisurely walk from the shopping center, gym, restaurants, tavern and beach. All apartments in the letting pool are on permanent rentals

The complex offers 32 fully self contained 3 bedroom and 2 bedroom luxury apartments. All apartments offer features such as private courtyards or balconies, fully equipped kitchens and laundry facilities, two bathrooms, airconditioning and ceiling fans, direct dial telephones and television.

The managers apartment comprises 3 bedrooms and 2 bathrooms plus a courtyard. The courtyard is fenced and therefore very private. From the managers unit there is direct access to the attached office. (on title) There are no set office hours. Pets are allowed with body corporate approval. Trust account through REI Master

This complex would be suitable for semi-retired and/or first time management right owners.
It is also possible to purchase only the business without the managers apartment for $ 305.000,-

Property Details

AUTHORITY:
open
BUILDING TYPE:
1 Story Walk Up
FEATURES:
Inground Pool, Inground Spa, Tennis Court, Lagoon pool with sandy beach, Heated lap pool, Sauna, Gaming room, BBQ areas
PETS ALLOWED?
Yes

Management Rights Information

$1,750,000

PRICE

$320,000

Net Profit

ACTUAL

Calc. Type

$200,000.00

renumeration

Total Number of Units in Complex: 98
Units in Letting Pool: 44
Units Owner Occupied: 23
Units Let by Outside Agents: 26
Number of Lockup Units: 4
MR Agreement Term: 25
Agreement Term Remaining: 25
Age of Complex: 12

Manager Unit Feature

Office on Title:
No
Office Attached to Unit:
No

Value of Manager’s Realestate ($AUD):

$430,000.00

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

2
Carspaces with Manager’s Unit:
1

Additional Manager’s Unit Features:

Included in the managers real estate are 2 commercial properties on separate titles.

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Enquiry Form

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