South Townsville, Queensland

$3,105,500

Property Description

YOU CAN’T GET BETTER THAN NORTH QLD FOR RETURNS | Resort Brokers ID : MR006158

An outstanding executive management rights business in the heart of Townsville. This opportunity has all the elements of a high performing property with the potential to take it to another level and improve the bottom line.



  • Net profit $583,880

  • New 25 year accommodation module

  • No requirement to live on-site

  • No office hours

  • Over 18% return on investment

  • Located right next to the waterfront

  • Manger's unit is 3 bedrooms, 2 bathroom

  • Property inspections are by appointment only


Date updated: 21 Feb 2020 23:00:06

Property Summary

Business Snapshot

Price: $3,105,500 Net Profit: $583,880 Remuneration / Body Corp Salary: $72,021

Managers Unit

Value of Managers Apartment: $480,000Bedrooms: 3Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 42Total Units in Letting Pool: 22Holiday Units: 22Owner Occupy Units: 3Outside Agent Units: 17Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Des Fagg
ResortBrokers

Phone

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Map Location ( get directions )

South Townsville, Queensland 4810 Exact map location not provided

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