Key Investment Insights
AI generated. Confirm details with the seller.
1. Exclusive 4 star resort located in Trinity Beach, 15 minutes drive north of Cairns.
2. Strong mix of holiday and corporate letting, making it a top business.
3. Excellent resort facilities, including a choice of 1, 2, and 3 bedroom apartments.
4. Most apartments have been recently refurbished to a high standard.
5. Very cooperative Body Corporate.
6. Potential for growth and improvement with astute management.
7. Current owners have been in place for almost fifteen years.
8. Solid base of holiday and corporate clientele with high repeat business.
9. Well-presented property with extensive tropical gardens and water features.
10. Spacious exclusive use reception/office.
11. Manager's real estate includes 2 commercial lots.
12. Motivated vendors offering a well-priced opportunity due to additional business interests.
13. Contact Calvin for further information.
14. Business Snapshot: Price - SOLD, Net Profit - $361,026, Remuneration/Body Corp Salary - $241,974, Body Corp Salary Review - CPI Annually.
15. Manager's Unit: 2 bedrooms, 2 bathrooms, 2 car spaces, exclusive use office, pets allowed.
16. Recently fully refurbished apartment with patio area.
17. Complex Information: Mixed complex with a 4 star rating, 98 total units, 36 units in letting pool, 28 owner-occupied units, 24 outside agent units, 8 lockup units, 1 manager unit.
18. Agreement Module: Accommodation, Agreement Term: 25 years, Agreement Term Remaining: 23 years.
19. On-site amenities include a pool, spa, sauna, tennis court, BBQ area, pay TV, and WIFI.
