This MR really is a little gem. Modern, luxury, short-stay complex directly overlooking Moreton Bay. Proven and consistent income (even during pandemic) with multiple guest markets (tourists, corporates, tradies, sporting groups). Fully topped up 25 year agreement and fantastic manager's unit. It's got it all!!
- 40 unit complex with 21 in the letting pool, 7 of which are dual keyed + 1 external rental next door
- Net profit of $268,598
- Mix of studio, 1 bedroom, 2 bedroom, 3 bedroom and penthouses
- Strong and stable performer (3 year's P&L to demonstrate)
- Very strong forward bookings - clear growth potential
- Agreements recently topped up to 25 year maximum
- Fantastic location overlooking Moreton Bay, close to shops and restaurants
- Good guest facilities including lap pool and gym
- Professional, spacious reception/office and meeting / board room
- Great 3 bed, 2 bath manager's apartment
