Point Lookout, Queensland

Under Contract / Offer

Property Description

Passive Investment opportunity. This Island Resort business is sure to impress. | Resort Brokers ID : MR005996

This truly amazing Island management rights business will tick all of your boxes. North Stradbroke Island has been a solid and desirable location for holidaymakers near and far. There is flexibility to reside onsite or operate as a passive income stream. This unique investment is not to be missed.

  • Proven passive income stream

  • Beautiful Island opportunity

  • Solid net profit with room to grow

  • Outstanding 3.5 multiplier

  • Easy to manage resort facilities

  • Experienced staff to assist with transition

  • Incredible 20% ROI

  • Property inspections are by appointment only

Date updated: 18 Sep 2020 23:00:06

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $280,000 Remuneration / Body Corp Salary: $130,449

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 3Bathrooms: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 82Total Units in Letting Pool: 48Holiday Units: 48Outside Agent Units: 12Lockup Units: 18Agreement Term Remaining: 19 years

Marketing Agent

Marketing Agency


Todd Warner


Listing Tools

This listing last updated: 18th September 2020

Property Map

Map Location ( get directions )

Point Lookout, Queensland 4183 Exact map location not provided

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