Point Lookout, Queensland

$1,595,000

Property Description

Island Living, delivering a great return! | Resort Brokers ID : MR006332

With the net profit of more than $269k, 23 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.



  • 23 years in agreement

  • No set office hours

  • Body Corporate Salary $110,854

  • 17% ROI with 4x Multiplier

  • Very supportive Body Corporate

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

  • Property inspections are by appointment only

Date updated: 18 Sep 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,595,000 Net Profit: $269,078 Remuneration / Body Corp Salary: $110,854

Managers Unit

Value of Managers Apartment: $495,000Bedrooms: 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

ResortBrokers

Todd Warner
ResortBrokers

Phone

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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