Coral Sea Perfectiion
Situated perfectly by the Coral Sea in one of Cairns top beaches this property is set within a delightful landscape masterpiece.
Consisting of 24 3 and 4 bedroom townhouse style beachfront & garden apartments.
The manager's residence is huge and one of the best offered. Delightful does not begin to describe this lovely residence.
Long agreements, office on title and a big opportunity to increase the income to $86000 with a growing onsite rental pool and outside rentals.
Extensive marketing now in place and the property can easily be managed by one person.
Large resort pool, Covered BBQ area, expansive and immaculate landscaped gardens,
Secure gated community,
What about this for the ultimate in lifestyle and business opportunity combined.
Contact Alex today for further information on this beautiful property.
Net Profit: $86,000 Remuneration / Body Corp Salary: $48,504Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $535,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Complex InformationComplex Type: MixedTotal Units in Complex: 24Total Units in Letting Pool: 4Holiday Units: 3Permanent Units: 1Owner Occupy Units: 15Outside Agent Units: 4Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes