Belgian Gardens, Queensland

Spacious and Modern Resort Only Steps to the Beach | Resort Brokers ID : MR006808

$660,000

Property Description

Situated in a hot spot of Townsville City and on the eastern side of Castle Hill is this business-only opportunity. Commanding a prime position offering sweeping views over Magnetic Island and the Coral Sea, this complex is a perfect opportunity for a starter business or as an add-on to an existing accommodation partnership.



  • Large Body Corporate Salary

  • High demand rental location

  • No real estate to purchase, no levies to pay

  • Easy to operate by a couple

  • Stand only business or add on to existing business

  • Opportunity for further growth

  • Property inspections are by appointment only


Date updated: 28 Nov 2021 22:00:06

Property Summary

Business Snapshot

Price: $660,000 Net Profit: $165,807 Remuneration / Body Corp Salary: $126,803

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 27Holiday Units: 27Owner Occupy Units: 31Outside Agent Units: 22Agreement Term Remaining: 19 years
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