Trinity Beach, Queensland
PERMANENT LETTING AT THE BEACH, NO REQUIREMENT FOR MANAGER TO RESIDE ON SITE...
Under Contract / Offer
Business Description
Caretaking and letting opportunity.
Permanent complex situated in one of Cairns top beaches.
Comprising 48 x 2 and 3 bedroom townhouse style villas set within a delightful landscape and secluded free form pool.
Just a short walk to the beach. The ultimate lifestyle and business opportunity combined. No real estate component, so no live in requirement.
This is your opportunity to live the tropical dream with this easily managed property.
Call Alex today for more information.
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $92,000 Remuneration / Body Corp Salary: $87,500Body corp salary review: CPI Annually
Complex Information
Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 7Owner Occupy Units: 37Outside Agent Units: 4Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Permanent letting complex located in a highly desirable beach area in Cairns.
2. Comprised of 48 townhouse style villas with 2 and 3 bedrooms.
3. Secluded free form pool and landscaped grounds add to the appeal of the property.
4. Short walking distance to the beach, providing an ideal lifestyle for residents.
5. No real estate component, so no live-in requirement for the manager.
6. Net profit of $92,000 and remuneration/body corp salary of $87,500.
7. Body corp salary is reviewed annually with CPI.
8. Complex is of permanent type with 7 units in the letting pool, 37 owner-occupied units, and 4 units managed by outside agents.
9. Agreement module is standard with a term of 10 years, with 7 years remaining.
10. Complex amenities include a pool and BBQ area.
