* Absolute beachfront location - step straight onto the sand from the resort
* High quality 4.5 star complex
* 37 fully furnished one, two and three bedroom apartments
* Operated under management
* Direct beach access and ocean views
* Live and work in paradise
* Strong repeat business with high volume of regular clients
* Upside potential for the next operator to build upon
* A truly exceptional property and location
Financials
* Net Income $239,635 FY23
Manager's Unit
* 2 bedroom managers apartment
* Balcony with ocean views
* Private ground floor courtyard with lawn & garden, ideal for pets
* Real estate component valued at $650,000
* Includes reception/office on title
Letting Rights
* 25 year agreement term (from 2022)
* Consistently 22 self contained units in the letting pool
Property Facilities
* Direct beach and ocean access
* Saltwater swimming pool and spa
* Undercover secure basement carparking
* 2 lifts on site
* Onsite restaurant that is owned by a third party and has been operated by them for many years
Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.
