Cotton Tree location offering a boutique MR property plus more.

The complex offers 10 residential units with 7 in the letting pool along with income from 6 external holiday rentals managed through the business also. These are offered for rent through various mediums including additional websites the manager owns.

This is a boutique offering where the manager has grown the business & offers a unique holiday experience to many guests that absolutely love the Cotton Tree locale. There is opportunity to grow the holiday letting in the immediate area & take the business even further with a little marketing and motivation.

The location offers the funkiness of Cotton Tree and its cafes, shops and friendly style by the river. The bowls club practicly across the road so guests are here all year around.

Stylish 2 & 3 bedroom apartments with ocean views from most apartments, large sunny balconies and modern facilities. Swimming, fishing and surfing are only a few minutes walk away to the patrolled Maroochydore surf beach as well as restaurants, shops and the Maroochydore river.

The managers residence is a 3 bed with ensuite, aircon, highset ceilings, private and large sunny balcony with close access to the pool. This is a stylish modern and spacious unit and ideal for family living or space to move for a couple.

In summary:

- Large stylish 3 bed managers residence
well priced with a 2015 valuation.
- Well run operation with all systems in
place.
- 13 holiday lets with great potential to
grow further.
- Minimal ground work, one person
operation.
- Location has it all.
- Verified income $94816 with portion
manager cleans.
- Priced to sell at around a 3 multiplier.

Please note a full real estate license is required for the outside lets.

Very recent building upgrade with a full repaint. An attractive complex with lift, heated pool, BBQ, security parking and broadband internet.