Property Description
Luxury Holiday Apartments in Airlie Beach with a $344k net | Resort Brokers ID : MR005767
This is the first time in 11 years that Portside Whitsunday has come to the market. Comprising of 16 stylish, fully self-contained luxury Airlie Beach apartments which are all unique, tastefully appointed with magnificent sea views, this profitable and highly sought after management rights is unbeatable value.
- 16 apartments (with 19 keys)
- 25-year agreements
- 2 bedroom, 2 bathroom managers residence
- No set office hours
- Prime location to the Marina with Coral Sea views
- Property inspections are by appointment only
Date updated: 05 Dec 2019 23:00:07
Property Summary
Business Snapshot
Price: $2,153,500
Net Profit: $343,834 Remuneration / Body Corp Salary: $54,346
Managers Unit
Value of Managers Apartment: $610,000Bedrooms: 2Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 16Total Units in Letting Pool: 16Holiday Units: 16Owner Occupy Units: 1Agreement Term Remaining: 25 years