Mission Beach, Queensland

The Timing is Perfect for Mission Beach

$840,000

Property Description

Delightful well presented 4 star holiday property in Mission Beach situated 100m from the beachfront. Profitability continues to improve even in these uncertain times.
This business is perfectly positioned to benefit from the committed investment in tourism and development which is just beginning - and will take place over the next five years in Mission Beach.
It has a nice mix of elegant one and two bedroom dual-key self contained apartments and suites contained within three buildings. 13 of the 15 apartments are in the letting pool, providing 26 keys.
The manager's two bedroom two bathroom apartment is adjacent to the office which is on title.
Destination Mission Beach is a desirable location with many local water sport & reef trip attractions.
Dunk & Bedarra Islands just offshore, are easily accessed via ferries.
This lifestyle property was officially opened in May 2006 and the business is very well established in the marketplace - with an established client base showing many repeat guests.
With flexible office hours it is an easy two person operation and very well worth a viewing.

Call Calvin today for further information.

Property Summary

Business Snapshot

Price: $840,000 Net Profit: $151,384 Remuneration / Body Corp Salary: $29,816Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $300,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Elegant & spacious 2 bedroom apartment (126m2) with 2 ensuite bathrooms. Large covered patio.

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 13Holiday Units: 13Owner Occupy Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesBBQ Area: Yes
Marketing Agent
Calvin Bailey
Calvin Bailey

Calvin Bailey Management Rights

Calvin Bailey Management Rights

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