Point Lookout, Queensland
$1,600,000
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 23:00:05Property Summary
Business Snapshot
Price: $1,600,000 Net Profit: $262,812 Remuneration / Body Corp Salary: $114,257Managers Unit
Value of Managers Apartment: $520,000Bedrooms: 3Bathrooms: 1Office: On TitleComplex 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
Listing Tools
This listing last updated: 26th February 2021
Property Map
Map Location ( get directions )
Point Lookout, Queensland 4183 Exact map location not provided
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