HIGH END COOLUM HOLIDAY COMPLEX
This well presented 3 level luxury property close to the beach, shops and restaurants can be found in the heart of the Coolum beachside village with its close proximity to all the Sunshine Coasts tourist attractions.
All of the architect designed air-conditioned apartments feature european appliances in fully equipped kitchens, dining/living areas with flat screen cable TV and spacious bedrooms & bathrooms, all of which fuels the high guest return rate. An abundance of resort amenities including 3 swimming pools & spas, tennis court, gym and BBQ areas make this a holiday makers paradise.
This gorgeous property has award winning gardens the upkeep of which is paid for by the Body Corporate who also furnish a very generous managers salary.
A rare addition to the generously proportioned managers unit is the DLUG and with a large outdoor entertaining area plus two courtyards and garden there is ample room for family visits and guests to enjoy the coastal lifestyle with you.
With long agrrements in place and currently trading strongly but still with plenty of room for uplift for the savvy operator. Consistent year on year growth giving the opportunity to investors to enjoy attractive yields in this sought-after location.
Net Income: $336,683 (actual)
Included Real Estate: $880,000