Property Description
Rare and Unique - One of The Coasts Few Absolute Beachfront Resorts | Resort Brokers ID : MR006531
Set on five acres and featuring 21 free standing beach houses, nestled amongst the sand dunes of Peregian Beach, this property boasts an exclusive position that guarantees market dominance.
- Long agreements - 24 years remaining out of 25
- Funky Beach style office and reception on title
- Generous Body Corporate Remuneration of $71,525 (adjusted annually to CPI)
- The manager’s residence is a three bedroom, two level beach house with extensive ocean views
- The beach houses are able to be locked down to provide one, two or three bedroom accommodation options
- Absolute Beachfront location
- Property inspections are by appointment
Date updated: 15 Jan 2021 23:00:06
Property Summary
Business Snapshot
Price: $2,302,000
Net Profit: $314,000 Remuneration / Body Corp Salary: $71,646
Managers Unit
Value of Managers Apartment: $795,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 21Total Units in Letting Pool: 16Holiday Units: 16Owner Occupy Units: 2Lockup Units: 2Agreement Term Remaining: 23 years