Airlie Beach, Queensland

Top of the World Resort

$2,600,000

Business Description

Excellent four star resort property, elevated with all apartments having unbelievable Whitsunday sea views.
Top resort facilities.

Stroll down the hill to the many restaurants and shops.
Long Agreements.

Experienced staff onboard.

This top property is new to the market and represents a great investment with proven profitability for discerning operators.

Manager's accommodation is a separate house with sweeping ocean views and reception/office on title.

Airlie is prospering, so be in, to enjoy this new wave of growth in the Mediterranean of the Whitsundays.

Inspections by appointment only.

Contact Calvin for full property information.

Confidentiality Conditions Apply

Business Summary

Business Snapshot

Price: $2,600,000 Net Profit: $417,000 Remuneration / Body Corp Salary: $132,600Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Stand - alone house, 300m2, large 2 bedrooms both ensuited. Whitsunday ocean views. Double car garage with plenty of storage.

Complex Information

Complex Type: HolidayStar Rating: 4Total Units in Complex: 46Total Units in Letting Pool: 29Owner Occupy Units: 11Outside Agent Units: 5Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Calvin Bailey

Calvin Bailey Management Rights

Key Investment Insights

1. Four-star resort property with stunning Whitsunday sea views.
2. Convenient location near restaurants and shops.
3. Long agreements in place.
4. Experienced staff already in place.
5. Proven profitability for potential buyers.
6. Manager's accommodation included with ocean views.
7. Airlie is experiencing growth, making this a prime investment opportunity.
8. Inspections by appointment only.
9. Confidentiality conditions apply.

Management Rights Multiplier: 4.20
ROI Estimate: 23.83%