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.
- community room with gym,
- resident’s kitchen,
- heated pool,
- Tepenyaki bbq,
- direct buggy access to course and golf clubhouse.
Net Profit: $213,676 Remuneration / Body Corp Salary: $81,820Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $330,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title
Quality fixtures & fittings. Views over golf course
Complex InformationComplex 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