This is a real solid secure moneymaker.
The property is a 4.5 Star Gated Resort Community of 192 apartments with superb facilities. It is located along the third fairway of the Cairns Golf Club just 7 kilometers or 7 minutes drive from the city center.
The property is purposely designed to provide the ultimate in comfort and convenience for both tenants and guests. Key features of the property include extensive Landscaped Tropical Gardens in an idyllic private setting overlooking the Cairns Golf Course, two spectacular 60 meter Resort Style Swimming Pools, Hot and Cold Spas, Sauna Room, Fully Equipped Gymnasium, Night and Day Tennis Court, Putting Greens, Barbecue and Recreation Area, Coffee Shop, Mini Store, Playing Rights on the Golf Course, Tour Desk, extensive covered Car Parking and full Security Gate System.
On top of the 94 apartments in the letting pool you will have an additional 29 apartments placed under your management for the express purpose of conducting a time share operation. This holiday use of the apartments has proven to be extremely successful and shown a ready acceptance by the tourist market of the property as a holiday venue.
This will give you a secure 119k management fee (contractual) on top of your 244k Body corp salary.
The real estate part consist of two titles.
One title is the 4 bedroom 3 bathroom managers unit valued at 400k and the second title is the Front Office/Back Office/ Reception/Tour Booking Office/Property Managers Office/Gymnasium/Sauna areas witch are included in the business price.
For more detailed information or to schedule an inspection contact:
Cairns Port Douglas Resort Sales.
Frank van der Heijden on 0407 137 186 or 07 4056 6366
info@resortsales.net.au
www.resortsales.net.au