2717MF - SOLID PROPERTY INVESTMENT, OCEAN VIEWS, ONCE IN A GENERATION OPPORTUNITY, FIRST TIME OFFERED TO MARKET

FREEHOLD $8,000,000

  • 22 Apartments of various configurations (18 freehold lots of which 16 are in one block).
  • Includes Freehold block (16) of 12 two-bedroom and 4 Studios in one block with adjoining Strata office and Strata 1 three-bedroom, two bathroom, kitchen, laundry and double lock up garage.
  • Additional Strata three-bedroom, two bathroom, kitchen, laundry and double lock up garage available.
  • 4 Strata units under a management agreement adjoining.
  • Pool and barbeque area popular with Corporates and longer-term stays.
  • Most units have views with six having park views and 10 having ocean views.
  • External owners with high quality management in place wanting to remain and established staff and systems.
  • Easily managed as an investment with opportunity for some enhancement.
  • Could easily be owner operated, but the property benefits from the existing team.
  • All the accommodation is of a high standard and the property has a strong future.
  • Long term owners looking to consolidate portfolio and retire.
  • Rare offering that could not easily be replaced that is established in the marketplace.
  • Fantastic investment and long-term holding opportunity with a number of options.

You will be proud to be involved with and own this business and related / attached real estate as it is a quality offering in a quality location.

Confidentiality agreement applies.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2717MF (quote when enquiring)

Price FREEHOLD $8,000,000
Property ID 2717MF
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