Tropical paradise with a relaxed life and a six-figure income

by Grantlee Kieza 14th of July, 2021

Tropical paradise with a relaxed life and a six-figure income
Photo by Nicolas Weldingh on Unsplash

Airlie Beach is a tropical paradise and the gateway to Queensland’s iconic Whitsunday Islands.

The locality is becoming more popular every year, with predictions that its sublime surrounds and many amenities will make it the next Gold Coast/Noosa tourist and residential hotspot for Queensland retirees.

One of Airlie Beach’s boutique buildings is offering astute investors a superb apartment with some of the best views in the world, as well as a six-figure income.

Management rights at The Coral Sea Vista Apartments are for sale at $720,000 and offering a $100,00 yearly profit.

Overlooking the Port of Airlie marine precinct and the Coral Sea to the north, the building has 16 units in its letting pool – 12 holiday units and four permanent.

There are a broad variety of different letting combinations with ocean views from all floors and a strong domestic tourist demand.

The is no requirement to live onsite but the manager’s apartment is valued at $400,000 and was recently refurbished. It comes with sweeping ocean views, a new kitchen, three bedrooms, two bathrooms, two car spaces, and an office.

It is air conditioned and there are ceiling fans throughout.

Tony Curulli, of MR Sales, describes Airlie Beach as “an amazing and popular tourist destination” and says that recent research indicates it is going to be the next Gold Coast/ Noosa. 

“It’s the Gateway to the fabulous Whitsundays and it has a large airport at Proserpine just 30 minutes away,” Mt Curulli said.

“It has all the necessary amenities.

“Airlie Beach has all the medical facilities and all the major shopping chains, Coles, Woolworths and many others.

“The property is a boutique building which would be easily managed by one full-time person or a couple looking for a more relaxed lifestyle and at the same time making a six-figure income.

“It’s well suited to a mature couple looking for that ‘lifestyle’ investment while wanting to stay active, and at the same time generate a solid income. It would also suit a younger family looking to supplement another income source.

“It’s an easily run property with outsourced gardening, cleaning and reception support and it has excellent ratings from short term booking engines.”

The property offers a profit of $100,000 from an asking price of $720,000, inclusive of the manager's real estate.

The body corporate salary is $23,687.

Airlie Beach is a coastal location of palm-fringed beaches, waterfront parks and superb alfresco restaurants and it is also one of the main departure points for the sumptuous islands that surround it.

There are a total of 74 islands and islets among all the groups in the Whitsundays, which sit next to the Great Barrier Reef, one of the great natural wonders of the world. Visitors travel to the Whitsundays from all around the world to relax on the pure white sands of Whitehaven Beach, soar over Heart Reef in a sea plane, and stay in world-class accommodation on luxury islands such as Hamilton and Hayman.

Find the business listing details HERE.


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