Whitsundays, Queensland

$1,150,000

Property Description

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.

Property Summary

Business Snapshot

Price: $1,150,000Net Profit: $200,000 Remuneration: $84,588

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Car Spaces: 1Office: On TitlePets OK: Yes
Very spacious 165m2. Large Courtyard

Complex Information

Total Letting Pool: 20Agreement Module: AccommodationAgreement Term: 25 years

Marketing Agent


Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey
Calvin Bailey Management Rights

Phone

Listing Tools

Property Map

Map Location ( get directions )

Whitsundays, Queensland 4802 Exact map location not provided

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