The Property

This stylish 4 star beachfront resort is a most impressive complex comprising a total of 32 self contained apartments made up of 25 one bedroom,4 family apartments and 3 two bedroom apartments located over 4 floors serviced by an elevator.

In addition the manager has title to a delightful 40 seat licensed restaurant situated in the resort gardens currently under lease providing a steady profit stream to the manager and a very welcome dining facility for guests.

Other facilities at the complex are a full size tennis court, with a basket ball ring, a small gymnasium, table tennis table, basement car parking serviced by lift and a large free form lagoon style swimming pool with covered barbecue and dining facilities.

Entry to the complex is up a long sloping driveway onto a podium level arriving at the large spacious reception area and office where guests are welcomed and checked in.

The office comes with a full range of plant and equipment and uses ‘Hirum’ reservation software and is large enough to allow two persons to easily service guests and sell tours. Adjacent to the office is the manager’s comfortable two bedroom apartment with a spacious living area opening onto a wide private patio area.

The generous sized air conditioned apartments in the complex have high ceilings and are beautifully appointed throughout and have large private balconies overlooking the gardens and some have views of the Coral Sea.

Location

Perfectly located in a quiet cul-de-sac at one of Cairns very popular beach areas with long sweeping beaches and just 10 minutes from Cairns International Airport and CBD.

All the facilities of Cairns are within easy reach including major shopping centres, pubs, boutique restaurants and fine dining experiences, while locally there’s a choice of local restaurants, golf clubs, sporting clubs and shopping centres.

Features

• Manager’s 2 bedroom podium level apartment
• Manager’s leased restaurant on site.
• 4 star rating
• An excellent building with 4 levels and lift.

The Facts

Location:	Cairns Beaches	Reference Number:	1205
Building Type:	4 level with lift	Agreement:	25 years
Built:	1994	Commenced:	1994
Total Apartments:	32	Salary:	$60,000
Letting Pool:	27	Manager’s Unit:	$400,000
Manager’s Unit:	2 bed, 1 bath	Net Profit:	$241,000
Office:	On title	Total Price:	$1,625,000

Contact Us About This Property

If you would like to discuss this property with us, or if you require more information, please contact us online, or by ringing Bruce Bennetts on 0418 773 547 or 07 4033 7885.