Trinity Beach, Queensland

Quality Business, Consistent Performer

$1,755,536

Property Description

Exclusive 4 star resort on Cairns Northern Beaches.
Offering serenity in beautiful surroundings and with consistent profitability.
This great mixed letting property and business is a credit to the current managers.
Excellent resort facilities, and guests have a choice of 1, 2 & 3 bedroom apartments, most of which have been refurbished to a high standard.
Very cooperative Body Corporate.
Considerable upside exists with this property for astute management.
With extensive tropical gardens and lovely water features this beautifully presented resort is of a calibre that rarely comes to market.
Short walk to restaurants and shops.
Well priced for market by motivated Vendors.

Contact Calvin for further information.

Property Summary

Business Snapshot

Price: $1,755,536 Net Profit: $276,384 Remuneration / Body Corp Salary: $214,761Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Spacious 2 bedroom, 2 bathroom apartment with patio area. Also includes 2 x commercial lots.

Complex Information

Complex Type: MixedTotal Units in Complex: 98Total Units in Letting Pool: 34Holiday Units: 24Permanent Units: 10Owner Occupy Units: 33Outside Agent Units: 20Lockup Units: 9Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesSpa: YesSauna: YesTennis Court: YesGames Room: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Calvin Bailey
Calvin Bailey

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Listing location
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