Agnes Waters Management Rights

  • PRICE:
    2,450,000 AUD
  • ASSET ID:
    09062023
  • LOCATION:
    Australia - QLD

LOCATION DETAILS

Agnes Waters Queensland Australia

PREFERRED TRADE

Cash or Trade

KEY FEATURES

1770 & Agnes Waters has had a tourism boom over the last few years, which is the  reason why this town is now considered the ‘Byron Bay of the North’

1770 is the closest access point from the mainland to stunning Lady Musgrave Island and the Resort benefits strongly from inbound and outbound tourists to the Island

Key features :

$446,000 p.a.approx Net Operating Profit (NOP)
$112,000 p.a.approx- Salary is with CPI annual increases

23 years left on caretaker agreement & letting agreement

DESCRIPTION

1770 & Agnes Waters has had a tourist boom over the last few years. With being the closest access point to the beautiful Lady Musgrave Island, the Resort  benefits from the Tourists going to and from the Island.

Key features :

$446,000 pa Net Profit ( approx )

$112,000 pa approx Body Corp Salary ( approx)

23 years left on Caretaking Agreement

An Approximate 250 metres walk to a beautiful beach

30 Units in the letting pool out of a total of 57 units in the complex

Approximately 20 years of age

Current on site manager has run the Resort for the last 9.5 years

Large three bedroom with three bathrooms and is one of the best Units in the Complex

Four Pools ( heated )

All Units are Air Conditioned

Tropical Low Maintenance Gardens

 

Agent

Richard George - Ph: 0414 737 339

Contact Agent