Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland
Absolute Beachfront - Amazing Location in North Queensland

Absolute Beachfront - Amazing Location in North Queensland

$1,419,200

The complex is situated on the very edge of the sparkling Coral Sea, offering superb views from every apartment. Offered at a competitive 3.9 times multiplier. Needs to be seen to be believed - this complex is simply stunning!

Key Features

  • Caretaking and Letting Agreements have 17 year left (extension to December 2037 going to AGM January 2016).
  • Hirum Operating System and Siteminder for OTA’s.
  • Rave reviews on Trip Adviser.
  • Broadband / wireless internet access.
  • Very successful website, with an addition of mobile phone site this year.
  • Good mix of corporate and holiday letting.
  • No set office hours.
  • Good Body Corporate Committee.
  • Solid body corporate salary.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR003969
Property Type: Management Rights
Region: QLD - Townsville Mackay
Suburb: Bowen
Sale Type: Management Rights - All
Net Profit: $222,000
Price: $1,419,200

Location

Listing Agent(s)

Agent Feedback

We recently sold our management rights business “La Mer Apartments” in Sunshine Beach. After purchasing the business eight years ago through Glenn Millar from Resort Brokers we had no hesitation in contacting him again to get the sale process underway, once we had made a decision to move on. The sale of our complex was quick and easy, and Glenn handled the process in a very thorough and professional way. Glenn has extensive knowledge of the management rights industry, and I would definitely recommend him to anyone contemplating buying or selling.

- Michael & Lesley Minns
Vendor,
La Mer Apartments

We cannot praise the service Des provided to us during our recent purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our passive investment. Given that we were from inter-state, Des was pro-active in sourcing a variety of industry peers for Wade to have frank discussions with regarding the viability of the tourism trade in the area as well as local infrastructure and investment. His care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des and his team to any potential clients as their care, communication and attention to detail are absolutely A1.  Thanks again Des- your hard work was greatly appreciated!!!

- Wade and Kylie Woods
Purchaser,
Albury All Seasons

Glenn is an effective communicator and follows through queries from both vendors and purchasers promptly. His effective techniques for selling Management Rights have become clear to us both as purchasers and vendors, and he does not allow an opportunity to be missed.

- June and Karl Teller RESIDENT MANAGERS