Whitsunday Waterfront Apartments, 48 Coral Esplanade,
Airlie Beach, QLD 4802
Hotel, Motel & Leisure
Price information
Sale
$889,000
Key property information
Floor area
Private inspections
to arrange a private inspection.
Ward Commercial - Yeppoon
P.O.Box 1273YEPPOON, QLD 4703
Whitsunday Waterfront Apartments, 48 Coral Esplanade
Airlie Beach, QLD 4802
Map of Whitsunday Waterfront Apartments, 48 Coral Esplanade
Bus stops within 5 km of Whitsunday Waterfront Apartments, 48 Coral Esplanade, Airlie Beach, QLD 4802 Distance Coral Esp Near Beach Rd 46 m Beach Road Near Groper Lane 330 m Shute Harbour Rd at Pandanus Drive 517 m Whitsunday Shopping Centre 533 m Shute Harbour Rd at Stewart Drive 537 m POWERED BY HERE ©
POWERED BY HERE ©
FREEHOLD WATERFRONT APARTMENT , BUSINESS WITH NET PROFIT $123,195 AND LIFESTYLE IN AIRLIE BEACH FOR UNDER A MILLION DOLLARS
- Highly desirable tourist precinct
- Thriving Accommodation Market
- Net Profit $123,195
Fabulous and very rare opportunity to acquire a very well established waterfront Management Rights Business in Airlie Beach. Whitsunday Waterfront Apartments offer a very comfortable and affordable stay in a choice of beachfront fully self contained apartments in a very popular and central part of Airlie Beach close to all facilities and its major retail and hospitality strip.
Management Rights businesses form a major part of Queensland's accommodation sector and are keenly sought by prospective purchasers particularly in highly desirable locations such as Airlie Beach. The Management Rights business agreements on offer are in the preferred Accommodation module with an attractive term of 23 years remaining available. In addition to business profits generated by the Managers an attractive Body Corporate salary (increased annually to CPI) now $42,012 (exclusive of GST) is payable by the Body Corporate. Net profit for the 30 June 2023 financial year was $123,195 for this well run and successful business.
There are 20 Apartments in the complex and which is easily run by a two person management team. The Managers freehold waterfront 2 bedroom Apartment is included in the sale plus there are 14 Apartments in the letting pool which comprise:
*Five 2 bedroom Gardenview Apartments
*Four 2 bedroom Ocean View Apartments
*One Studio Garden View Apartment
*One Studio Ocean View Apartment
*Three permanent residential Apartments
Potential exists for new management to increase the letting pool
An inground chlorinated pool and leisure area is ideally situated at the front of the complex overlooking the beach and ample 20 car spaces are available on site including basement and street level.
Airlie Beach is one of Australia’s most highly regarded tourist precincts offering transfers from 2 highly regarded Marinas to the world famous Whitsunday Islands resort precinct. And there is strong demand for more affordable accommodation such as that offered by the waterfront Whitsunday Waterfront Apartments complex.
Act now and secure your slice of Airlie Beach’s thriving accommodation market.
Management Rights businesses form a major part of Queensland's accommodation sector and are keenly sought by prospective purchasers particularly in highly desirable locations such as Airlie Beach. The Management Rights business agreements on offer are in the preferred Accommodation module with an attractive term of 23 years remaining available. In addition to business profits generated by the Managers an attractive Body Corporate salary (increased annually to CPI) now $42,012 (exclusive of GST) is payable by the Body Corporate. Net profit for the 30 June 2023 financial year was $123,195 for this well run and successful business.
There are 20 Apartments in the complex and which is easily run by a two person management team. The Managers freehold waterfront 2 bedroom Apartment is included in the sale plus there are 14 Apartments in the letting pool which comprise:
*Five 2 bedroom Gardenview Apartments
*Four 2 bedroom Ocean View Apartments
*One Studio Garden View Apartment
*One Studio Ocean View Apartment
*Three permanent residential Apartments
Potential exists for new management to increase the letting pool
An inground chlorinated pool and leisure area is ideally situated at the front of the complex overlooking the beach and ample 20 car spaces are available on site including basement and street level.
Airlie Beach is one of Australia’s most highly regarded tourist precincts offering transfers from 2 highly regarded Marinas to the world famous Whitsunday Islands resort precinct. And there is strong demand for more affordable accommodation such as that offered by the waterfront Whitsunday Waterfront Apartments complex.
Act now and secure your slice of Airlie Beach’s thriving accommodation market.
Property ID: 504520964Last Updated: 26 Mar 2024
Ward Commercial - YeppoonP.O.Box 1273
YEPPOON, QLD 4703
YEPPOON, QLD 4703
TAYLORS Property Specialists - CANNONVALE98 Shute Harbour Rd
CANNONVALE, QLD 4802
CANNONVALE, QLD 4802
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