Port Douglas, Queensland

$1,325,000

Property Description

OUTSTANDING VALUE AND LOCATION

If you are looking for a value for money proposition in Tropical Queensland then look no further.

-Excellent net income circa $250k and attractive multiplier at 3.86.
-Well priced and modern managers residence with office on title asking $360k.
-BC salary of $67k with assistance from the BC for gardens and pool.
-No set Office Hours.
-21 years remaining on agreements.
-Ideal location, well Port Douglas, say no more.
-Priced to sell with motivated vendors.

This property represents excellent value for money with a strong net income and ROI in a strong tourism market. For further information please contact Lindsay Petty at Resort Management Sales.

Property Summary

Business Snapshot

Price: $1,325,000 Net Profit: $249,994 Remuneration / Body Corp Salary: $67,156

Managers Unit

Value of Managers Apartment: $360,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Spacious and open plan ground floor apartment. 2 bedrooms, main with ensuite. Office attached and on title. Large welcoming reception area.

Complex Information

Complex Type: HolidayTotal Units in Complex: 17Total Units in Letting Pool: 16Holiday Units: 16Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Lindsay Petty

Marketing Agency

Australian Resort Management Sales

Australian Resort Management Sales

Australian Resort Management Sales

Lindsay Petty
Australian Resort Management Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

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