Rare Opportunity With No Local Competition | Resort Brokers ID : MR005292
The complex offers the only fully furnished, fully self-contained apartment accommodation in Gympie itself. The remainder of accommodation venues in Gympie are either motel units, hotel rooms, cabins or the caravan park. The resulting shortage of such accommodation is why the current managers have furnished the last three unfurnished villas in the letting pool themselves and sublet to tenants.
- The complex is immaculately presented and runs at exceptional occupancy levels all year round.
- No fixed office hours
- The manager's residence is a spacious well-appointed two-bedroom, two level villa
- Agreements have been topped back to 25 years
- Gallery View compliant
- Massive growth potential due to major projects
- Substantial Body Corporate Salary
NB: Property inspections are by appointment only
Date updated: 06 Dec 2019 23:00:06
Net Profit: $213,473 Remuneration / Body Corp Salary: $81,820
Managers UnitValue of Managers Apartment: $330,000Bedrooms: 2
Complex InformationComplex Type: Resort / HolidayTotal Units in Complex: 54Total Units in Letting Pool: 44Holiday Units: 44Owner Occupy Units: 10Agreement Term Remaining: 25 years