Airlie Beach, Queensland
Modernised Accommodation offering short-term and permanent accommodation | Resort Brokers ID : MR008487
$1,695,635
Business Description
ResortBrokers presents the Airlie Summit Apartments, a prime management rights opportunity in Airlie Beach. Perched on a hill with stunning Coral Sea views, this property is nestled within a National Park.
With 23-year caretaking and letting agreements, recently refurbished units, and significant growth potential, this complex is a secure investment.
The manager's residence is a spacious top-floor corner apartment with a large balcony, offering stunning views and privacy. All buildings have been repaired and painted less than a year ago, making this a ready-to-go opportunity.
- Prime location on a hill in Airlie Beach, overlooking the Coral Sea and nestled within a National Park.
- Secure investment with 23-year caretaking and letting agreements in place.
- Recently refurbished and decorated units in the short-term pool, including popular extra-large one and two-bedroom apartments.
- Complex in excellent condition, with all buildings repaired and painted less than a year ago.
- Updated Form 6's that cater to both short and long-term letting.
- Significant growth potential in both holiday and long-term letting, with the latter consistently fully occupied.
- Manager's residence is a spacious top-floor corner apartment with a large balcony, offering stunning views and privacy.
- Benefit from an incredibly supportive Body Corporate.
- Inspections are by appointment only.
Date updated: 12 Jan 2025 22:00:06
Business Summary
Business Snapshot
Price: $1,695,635
Net Profit: $288,325 Remuneration / Body Corp Salary: $166,906
Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 61Total Units in Letting Pool: 26Owner Occupy Units: 22Outside Agent Units: 13Agreement Term Remaining: 23 years