Townsville City, Queensland

Simply the Best - Position and Size

$4,000,000

Property Description

Rarely available to the market, this outstanding 4.5 star resort overlooks scenic Cleveland Bay on Townsvilles Strand within the Breakwater Marina complex, located in an unrivaled oceanfront and marina location.
Beautifully presented property with all the 71 luxury apartments having unsurpassed water views.
Manager also enjoys the water views, in a spacious 2 bedroom apartment with separate exclusive use office and impressive reception area.
Excellent business - a proven and consistent performer, with high post pandemic occupancy rates - plus top marketing in place.
Gallery Vie compliant.
Townsville is busy, business confidence is exceptionally good - it is recognized as one of the hot spots of Queensland. Unparalleled growth within the mining & military segments will ensure this continues.

Confidentiality conditions apply. Call Calvin today.

Property Summary

Business Snapshot

Price: $4,000,000 Net Profit: $621,209 Remuneration / Body Corp Salary: $125,353Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $720,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Luxury two bedroom two bathroom 112m2 apartment with water views.

Complex Information

Complex Type: HolidayStar Rating: 4.5Total Units in Complex: 71Total Units in Letting Pool: 45Holiday Units: 43Permanent Units: 2Owner Occupy Units: 16Outside Agent Units: 2Lockup Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Calvin Bailey
Calvin Bailey

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Listing location
Gallery

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