Finally On the Market – Modern High Rise Holiday Complex

After being tightly held for over seven years this lovely complex is now available. This big-rise resort is a modern high-rise complex, located steps away from the beautiful white sand beaches of Main Beach and around the corner from the trendy cafes and restaurants of Tedder Avenue.
The managers unit enjoys access to two private courtyards, making it ideal for a private family life. The business creates above $267,000 net income and has plenty of upside with majority of the letting pool in the resort complex sitting in the permanent letting pool.

The Building is a well maintained, established and contemporary complex which incorporates a total of 85 units spanning over 20 residential levels, plus a single level secure basement car park.

The complex features a variety of 2 and 3 bedroom residences all of which meet or exceed customer expectation. Majority of the units enjoy sought after water views. The complex is complemented by extensive and well presented facilities including; indoor and outdoor swimming pools, spa, steam room, a well equipped gymnasium, full size tennis court, barbecue and recreation areas, resident lounge, bicycle storage and landscaped gardens.

The managers unit is a light and bright ground floor two bedroom and two bathroom home which opens up to two private courtyards which are on title. The unit has a study which is large enough and easily convertible to a third bedroom. The real estate is complemented by an on title basement car park/storage and an exclusive use ground level office/reception and basement level storage provisions.

A good operator will find this to be a gold mine by turning the permanent let units into holiday units and increasing the occupancy. An incoming manager will inherit a good relationship with the Body corporate committee.

Steam Room and function room also available.