Trinity Beach, Queensland

Rare Beachfront opportunity

$2,525,000

Business Description

Rare offering: Two exclusive, 4.5 star beachfront properties.
Common boundary and run as one business with joint reception.
Lovely mix of one, two and three-bedroom apartments, fully equipped and with quality fittings including the two-bedroom managers apartment.
This property enjoys a top beachfront location and provides impressive street appeal.
Excellent very well priced business and properties, that are well worth viewing.
Contemporary and beachfront!
Approval for pets.
Office and reception on title, long agreements with very good $87k ex GST body corporate salary.

Here is your opportunity to live the tropical dream.
Confidentiality conditions apply.
For further information on this property contact Calvin Bailey today.

Business Summary

Business Snapshot

Price: $2,525,000 Net Profit: $456,074 Remuneration / Body Corp Salary: $97,020Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Spacious two bedroom two bathroom 111m2 Apartment with patio access to garden areas. Office reception on title, plus separate office in second building for manager's use.

Complex Information

Complex Type: HolidayStar Rating: 4Total Units in Complex: 41Total Units in Letting Pool: 30Owner Occupy Units: 4Outside Agent Units: 2Lockup Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Calvin Bailey Management Rights

Calvin Bailey Management Rights

Key Investment Insights

1. Two exclusive, 4.5 star beachfront properties with a common boundary and joint reception.
2. Mix of one, two, and three-bedroom apartments, fully equipped and with quality fittings.
3. Top beachfront location with impressive street appeal.
4. Well-priced business and properties with a strong net profit.
5. Approval for pets, making it a desirable option for pet owners.
6. Office and reception on title, with long agreements and a good body corporate salary.
7. Contemporary and beachfront design, offering a tropical dream lifestyle.
8. Confidentiality conditions apply, highlighting the exclusivity and desirability of the business.
9. Spacious two-bedroom, two-bathroom manager's apartment with patio access to garden areas.
10. Complex information includes a holiday type, 4-star rating, and a total of 41 units with 30 in the letting pool.

Management Rights Multiplier: 4.18
ROI Estimate: 23.94%

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