3.5 MULTIPLIER IN PORT DOUGLAS!!!
Yes, this is a 3.5 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 2 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.
Net Profit: $135,000 Remuneration / Body Corp Salary: $50,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $320,000Bedrooms: 2Bathrooms: 2Office: On TitlePets OK: No
Large 2 bedroom 2 bathroom apartment. Separate office/study in addition to reception and reception lounge / back office.
Complex InformationComplex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 2Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: YesWIFI: Yes