Port Douglas, Queensland

$740,000

Property Description

3.4 MULTIPLIER IN PORT DOUGLAS!!!

Yes, this is a 3.4 Multiplier in Port Douglas!!! A must inspection, first to see will buy.
Superb easy maintained complex in a great position in stunning Port Douglas.
Large 3 bed 2 bath managers residence priced to meet the market. Separate office/study in addition to reception and reception lounge / back office.
Business consists of high demand 3.5 star 2 bedroom apartments with great pool, tennis court and BBQ.
Apartments have been upgraded and with a further push, the growth and potential to improve income here is huge.

Property Summary

Business Snapshot

Price: $740,000 Net Profit: $125,000 Remuneration / Body Corp Salary: $51,046Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $310,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: No
Large 2 bedroom 2 bathroom apartment. Separate office/study in addition to reception and reception lounge / back office.

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 1Outside Agent Units: 5Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: YesWIFI: Yes

Marketing Agent


Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Alex Barker-Ré
Calvin Bailey Management Rights

Phone

Listing Tools

Property Map

Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

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