Urgent Sale and Priced Accordingly
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.
Net Profit: $198,000 Remuneration / Body Corp Salary: $85,266Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $400,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Excellent three bedroom two bathroom villa with large private courtyard. Very spacious 165m2.
Complex InformationComplex Type: MixedTotal Units in Complex: 36Total Units in Letting Pool: 20Holiday Units: 14Permanent Units: 6Owner Occupy Units: 9Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesBBQ Area: Yes