Management Rights Point Lookout: Resort / Holiday - Property Listings

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Management Rights: Resort / Holiday

Point Lookout, Qld : $ 1,430,000

Last update: 13 December 2011.

Financial Data
ThePropertyManager ID 3564001
REF:
Listing Status	current
Price	$ 1,430,000
Net Income (explanation)	$ 246,430 (actual)
Remuneration (explanation)	$ 93,864
Complex Specifics
Location (Read Suburb Profile)	Point Lookout qld, 4183 Australia
Complex Age	22years
Complex Features	Swimming Pool; Tennis Court; Full size tennis court; undercover car parking; restaurant and relaxation centre within the complex;
Manager`s Realestate
Manager`s Bedrooms	3
Manager`s Unit Features	Air Conditioning; Rear Courtyard;
Office Hours	No Set Hours As Per The Agreements
Pets Allowed?	no
Manager's Realestate Value	$ 470,000
Letting Rights
Agreement Term	25 years
Agreement Remaining	21 years
Total Units	36
Units in Letting Pool	32
Outside Agents	1
Units in Lock-up	1
Owner Occupiers	2

Island Living

This immaculately presented garden style complex is perched on the side of Point Lookout and comprises 36 townhouses, 32 of which are in the letting pool.

Each townhouse is beautifully presented and captures the magnificent surroundings from its privated courtyard or balcony. The facilities within the complex include a large swimming pool, full size tennis court and an undercover car parking area for guests.

This complex operates as a holiday complex and the agreements are for 25 years as of 2006.

Currently achieving an occupancy rate of around 50% annually with 75% repeat guests. The managers office is on the title of the managers lot and is quite large and well located.

This is a very rare opportunity to buy into one of South East Queenslands most picturesque destinations.

Please contact Rod Askew or Rolf Effenberger for further information

REF:

Property Listed By: RnR Strata Sales

Call Rod Askew, Rolf Effenberger, Mike Ferris & Gary Barnes on:

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Tel: 07 3369 7200
rnrstrata.com.au

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