2800 sq metres of Beachfront with Passive Income

  • PRICE:
    3,500,000 AUD
  • ASSET ID:
  • LOCATION:
    Australia - QLD

LOCATION DETAILS

PREFERRED TRADE

Cash or Trade

KEY FEATURES

The property is approx. 2800m2 of stunning beachfront
– 70kw standby emergency soundproof diesel generator which can run the whole complex
– New Solar power system 30kw supplying 35% of property power supply
– $400,000 in renovations have been spent in the last 12 months

 

DESCRIPTION

Passive income opportunity in the Whitsundays.

Situated between Proserpine and Airlie Beach

For Sale – Pub, Holiday Units, unit + Granny Flat and corner store/cafe

The Pub:
Is on a separate title and is currently leased with lessees paying $120,000 per annum plus outgoings on a 5 + 5-year lease currently 2 years into the lease.

The pub is fully licensed to include takeaway which includes food and alcohol.

Kitchen has just been fitted out with new modern gas appliances

The Corner Store/Cafe
With a local chef and family business leasing the local store there is nothing that needs to be done. The store supplies locals with groceries, food, fuel, Aus Post and coffee. Currently on a 2×5 year lease @ $30,000p/a plus outgoings.

The Holiday Units
There are eight 2-bedroom units which have recently had a refresh all with A/C, large screen tv and open out onto Dingo Beach. The units are separately titled and could be sold off on management rights for up to $350,000 per unit.

Unit and Granny Flat
This stunning 3-bedroom unit is sitting above the store and has been repainted, floors have been polished, and bathroom upgraded. Large U-shaped kitchen with modern appliances, combined lounge dining with private balcony. Downstairs is a granny flat with kitchenette, bedroom and lounge space.

The property is approx. 2800m2 of stunning beachfront
– 70kw standby emergency soundproof diesel generator which can run the whole complex
– New Solar power system 30kw supplying 35% of property power supply
– $400,000 in renovations have been spent in the last 12 months
– Complete security surveillance going back to the main unit.
– Solar Hot water set up
+ so much more

 

Agent

Richard George - Ph: 0414 737 339

Contact Agent