Recently, Agnes Waters achieved a 4 out of 5 as the number one surf seachange township on the Australian Coastline (source Australian Financial Review 5/6 April 2008). A development company has now released a 38 unit complex of 1, 2 and 3 bedrooms for sale. We have available a projection sheet with regard to Agnes Waters rental returns. As this development is a resort project, rental returns of $150 per night 1 bedroom, $200 per night 2 bedroom and $250 per night 3 bedroom are envisaged. These rental returns are in line with what is being
achieved locally. Their development company will also be providing it’s own holiday marketing arm to bolster the already high average occupancy of Agnes Waters, currently running at somewhere between 65% to 75% and recent ABS figures quoted a 24.7% increase in Agnes Waters property values across the board.

Expected construction time is 14 months and building approval is approximately 6 weeks away.

The organisation will provide free flights, from anywhere in Australia, for buyers to inspect the property. *Conditions do apply*. If you wish
to inspect, you can secure your unit with a deposit of $2,000 and they will arrange to fly both husband & wife from Melbourne, Sydney, Adelaide, Perth, Darwin.

Please contact me, David Brown, direct on mobile 0416 10 9876.
My email is dbrown.kallangur@rhq.com.au