Gympie, Queensland

$1,250,000

Property Description

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

Property Summary

Business Snapshot

Price: $1,250,000 Net Profit: $213,473 Remuneration / Body Corp Salary: $81,820

Managers Unit

Value of Managers Apartment: $330,000Bedrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 54Total Units in Letting Pool: 44Holiday Units: 44Owner Occupy Units: 10Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Glenn Millar
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Gympie, Queensland 4570 Exact map location not provided

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