Point Lookout, Queensland


Property Description

Island Living, delivering a great return! | Resort Brokers ID : MR006597

With the net profit of more than $262K, 21 years on accommodation module agreements, a healthy sinking fund, plus an easy to run resort-style complex this is great for a dynamic couple looking for an island sea change.

  • 21 years in agreement

  • No set office hours

  • Body Corporate Salary $114,257

  • +16% ROI with 4x Multiplier

  • Very supportive Body Corporate

  • Manager's residence: 3 bed, 1 bath, 1 car

  • Property inspections are by appointment only

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Date updated: 26 Feb 2021 23:00:05

Property Summary

Business Snapshot

Price: $1,600,000 Net Profit: $262,812 Remuneration / Body Corp Salary: $114,257

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 3Bathrooms: 1Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 25Holiday Units: 25Owner Occupy Units: 7Outside Agent Units: 3Lockup Units: 2Agreement Term Remaining: 23 years

Marketing Agent

Marketing Agency


Todd Warner


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Property Map

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Point Lookout, Queensland 4183 Exact map location not provided

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