Gympie, Queensland

$1,250,000

Property Description

Right on the Golf Course

Situated right on the Gympie Pines Golf Course providing all but 4 of the properties with exclusive views of the course.

The current management team's focus on the long-term rental market at the expense of the corporate market. As a consequence, there is real potential here to increase marketing exposure to short-term/corporate stays which has very strong demand in Gympie. This would lead to increased rental returns to the owners and the managers.

Well worth a look here, with long agreements, a rental pool that has remained stable for the last 7 years and a very supportive committee.

Facilities include:
- community room with gym,
- resident’s kitchen,
- heated pool,
- Tepenyaki bbq,
- direct buggy access to course and golf clubhouse.

Property Summary

Business Snapshot

Price: $1,250,000 Net Profit: $213,676 Remuneration / Body Corp Salary: $81,820Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $330,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title
Quality fixtures & fittings. Views over golf course

Complex Information

Complex Type: HolidayTotal Units in Complex: 54Total Units in Letting Pool: 44Holiday Units: 14Permanent Units: 30Owner Occupy Units: 9Agreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesGym: YesBBQ Area: Yes

Marketing Agent

Lindsay Petty

Marketing Agency

Resort Management Sales

Resort Management Sales

Resort Management Sales

Lindsay Petty
Resort Management Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Gympie, Queensland 4570 Exact map location not provided

Similar Properties

GYMPIE
Sunshine Coast Hinterland Golf Villa Resort...

Management Rights $1,250,000
Net Income: $213,473
Managers Estate: $330,000 3 Bed 2 Bath
Letting Pool: 55
Remuneration: $81,820

CRE Brokers

GYMPIE
Business For Sale - Calling All Golf...

$1,250,000
Net Income: $213,676
Managers Estate: $330,000 2 Bed 2 Bath
Letting Pool: 54
Remuneration: $81,820

MR Sales

GYMPIE
VILLA MANAGEMENT RIGHTS COMPLEX ON THE GOLF...

$1,250,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

URANGAN
Outstanding 5 Star Resort - Fraser Coast -...

Management Rights $1,395,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

URANGAN
5 STAR OUTSTANDING MANAGEMENT RIGHTS IN...

$1,390,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers