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Current Property Listings Mackay



Beach Front Beauty
  • Location: Mackay
  • Net Profit: $500,000
  • Total Price: $3,300,000

(all trade and offers considered)

The Property

Before you look any further, ask yourself a couple of questions. Do you want to live on the beach? Walk your dog every morning before making a start to your day? Surrounded by 74 beatiful islands? Then come over and have a look for yourself.

37 villas straight on the beach, a fully equipped seafood restaurant (Award Winning)and a conference room able to seat over one hundred persons.

These 37 villas are all freestanding two bedroom villas with fully equipped kitchens, microwave, 2 door fridges, air conditioning, ceiling fans, dining setting, seperate living area and outdoor furniture overlooking the beaches and the private lagoon.

The price includes a two bedroom apartment above the office which has recently been totally renovated, a free standing two bedroom villa, which is part of the 37 free standing villas, which has 2 bedroom, a kitchen, a living area and outdoor seating area and a nice spot for the dog.

At the moment the seafood restaurant is closed for the outside public. A good couple with a background in restaurant management can easily continue its legacy.

Unfortunately the current managers do not have the ability to run the restaurant, and want to leave this for the new managers which they can lease out or run it themselves.

Another big potential of revenue is the conference room, which can cater to different kinds of events such as weddings. The function room is one of the biggest in Mackay and is therefore always in demand and heavily occupied by corporate clients.

Location

The resort is beautifully situated on the beach and includes a private section of beach. The complex is merely 5 minutes from the City Centre and approximately 10 min drive to Mackays Harbour

Features

  • Managers 2 bedroom free standing villa.
  • Restaurant
  • Conference room able to seat 100+ people
  • Private lagoon
  • 4.5 star rating
  • No permanent residents allowed
  • No other agents allowed on site to let villa's
  • No own occupier
  • Free hold approximately 940sqm. consists of two bedroom apartment, restaurant, function room, office, reception on title and two bedroom freestanding villa

The Facts

Location:
Cairns CBD
Reference Number:
1230
Building Type:
Free standing villas
Agreement:
25 years
Built:
1980
Commenced:
2004
Total Apartments:
37
Salary:
$55,000
Letting Pool:
37
Real Estate:
$1,800.000
Managers Unit:
2 bed, 1 bath
Net Profit**:
$500.000
Office:
On title
Total Price:
$3,300.000

** Projected Net Profit


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          Frank van der Heijden on 0407 137 186 or (07) 4056 6366


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