Pacific Blue Apartments is now available for purchase with 10 apartments located 100m from the Peregian Beach Shopping Village and just some more to the patrolled beach.

This property is one of Peregian Beach’s largest residential sites at 1783sqm and was previously operated as Motel. This site offers the new investor/owner the flexibility to holiday let the units or leave them in the Permanent Rental pool for a more consistent return (current rental rates have been provided below), or to ultimately redevelop the site. All of the units are on one title and there are two driveway accesses to the property. Property plans available on request.

Property Type: Commercial
Land Use: Motel

Current Permanent Rentals:

Unit 236 $355 per week (Yearly income $18,460)
Unit 1 $270 per week (Yearly income $14,040)
Unit 2 $265 per week (Yearly income $13,780)
Unit 3 $265 per week (Yearly income $13,780)
Unit 4 $275 per week (Yearly income $14,300)
Unit 5 Was rented for $220 (currently used as storage room) (Yearly income $11,440)
Unit 6 $280 per week (Yearly income $14,560)
Unit 7 $270 per week (Yearly income $14,040)
Unit 8 $275 per week (Yearly income $14,300)
Unit 9 $280 per week (Yearly income $14,560)

Based on 100% occupancy as Permanent Rentals, the new owner could experience yearly income of $143,260 with approximately $41,000 of outgoings each year. There are not many Residential properties on the Sunshine Coast that can offer this level of return in such a beautiful, sought after position.