Stylish resort right on the edge of the beach

Bribie Island, QLD, Australia

Property Info

Location
Bribie Island, QLD, Australia
Price
$2,465,000
Property Type:
Brisbane Managements Rights
Status:
For Sale
Code :
S803

Property Description

Stylish resort right on the edge of the beach.

Centrally positioned it is just a short walk from the cafes, restaurants and shops. Featuring a 20m salt water pool and spacious sundeck, Balinese themed gardens and no roads to cross to the beach.

Achieving 5%pa growth over the last 5 years and two new units into the pool means this business is still very much on the way up.

Easy care grounds, the ability to live off-site and an idyllic island location make this an excellent lifestyle buy.

Financial Details

Nett Income:
$364,000
Remuneration:
$66,875

Manager's Unit

Number of Bedrooms:
3
Manager's Unit Value:
$685,000

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
23 years
Units in Letting Pool:
28
Lock Up:
3

Property Facilities

  • Swimming Pool
  • Security Undercover Parking
  • Opposite Beach

Map

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