This is not a mistake! The owners of this studio room within Magnetic Island International Resort are selling to the highest bidder, but make no mistake they are definitely selling this unique opportunity.

Why so cheap? The resort management is currently under receivership. However, the individual hotel rooms/apartments are owned by private investors and currently being used as holiday homes and rentals under 6-12 month leases. In fact quite a few rooms are occupied by long term tenants who love the island lifestyle.

This is your opportunity to buy your own tropical island holiday home for next to nothing and use as much as you wish. All you have to pay for is the yearly body corporate fees and council rates.

Property consists of:
- Ground level studio apartment.
- Kitchenette.
- Ensuite.
- Fully furnished with Queen sized setting and crockery/cutlery.
- Private balcony over looking gardens.
- Access to all resort facilities.
- Pool, BBQ areas, walking trails, gardens and access to Magnetic Island hotspots.
- Yearly Body Corporate fees are $7,700.56.
- Yearly Council Rates are $1083.00.

This is a great option for a business looking to send employees on a weekend away, a group of families looking to share a holiday home or your own private retreat on beautiful Magnetic Island.

The owners are considering all offers over $AUD1.00. Offers are to be made in writing, by contacting the agent for an Offer Form, and offers close at 5pm, Friday, 18 Jan 13. Successful offer will be notified by 21 Jan 13.

If you have any questions please email the agent at matthew@vprtsv.com.au

Property Code: 404114593