Mediterranean Villa Style Property
Delightful Mediterranean Villa style property nestled into the hillside and offering spectacular views of the Coral Sea and Whitsunday Islands. Four star rated.
The majority of units have been tastefully refurbished including new furniture. Excellent mixed letting business which provides a good cash flow in the quiet times.
Potential for new management to increase the holiday pool. Airlie Beach continues as a major tourism destination within the Whitsunday area.
Growth has returned and Reefside provides a good consistent business return and would be highly suitable for those new to the industry or an operator looking to scale back and enjoy a great lifestyle.
Contact Calvin for further information on this property.
Business SnapshotPrice: $1,150,000Net Profit: $200,000 Remuneration: $84,588
Managers UnitValue of Managers Apartment: $350,000Bedrooms: 3Car Spaces: 1Office: On TitlePets OK: Yes
Very spacious 165m2. Large Courtyard
Complex InformationTotal Letting Pool: 20Agreement Module: AccommodationAgreement Term: 25 years