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

Matt Campbell

Marketing Agency

Australian Resort Management Sales

Australian Resort Management Sales

Australian Resort Management Sales

Matt Campbell
Australian Resort Management Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Gympie, Queensland 4570 Exact map location not provided

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