Share this property

realcommercial.com.au
TAYLORS Property Specialists - CANNONVALE

Whitsunday Mews, 28 Island Drive Airlie Beach, QLD 4802

Directions

Whitsunday Mews, 28 Island Drive,
Airlie Beach, QLD 4802

Hotel, Motel & Leisure • Commercial Farming & Rural

Key property information

Floor area

Sold on

TAYLORS Property Specialists - CANNONVALE
Brad Sobott

TAYLORS Property Specialists - CANNONVALE

98 Shute Harbour Rd
CANNONVALE, QLD 4802
TAYLORS Property Specialists - CANNONVALE
Whitsunday Mews, 28 Island Drive
Airlie Beach, QLD 4802

Map of Whitsunday Mews, 28 Island Drive

Directions

FREEHOLD MANAGERS UNIT PLUS CARETAKER AGREEMENT IN A RESIDENTIAL COMPLEX WITH AN ATTRACTIVE INDEXED INCOME

  • Highly desirable tourist precinct
  • Thriving Accommodation Market
  • Contract income currently $81,756 ex GST
This is a very rare opportunity to acquire a very well established and profitable business in Airlie Beach without any further major capital outlay.

Our vendor has operated this Caretaking business for 20 years and has enjoyed the support of the Body Corporate over that time but its now time to retire. The current Caretaking agreement is for a 10 year agreement expiring 30 September 2029 so in excess of 5 years remaining. Current income $81,756 (ex GST) per annum increases by CPI or 3% per annum annually whichever is the greater so there is considerable income to be earned over the next 5 years+.

In addition to the caretaking salary there is a regular usually monthly expense reimbursement of up to $3,720 per annum for motor vehicle and similar expense. A successful purchaser of this business may well be able to negotiate a new agreement with the Body Corporate beyond 2029 prior to the expiration of the existing agreement

The Managers very comfortable two bedroom freehold unit is included in the purchase which is a requirement under the Caretaker Agreement.

This property /business package is offered for sale by negotiation in excess of $350,000.

Airlie Beach, 4802 demographic data

The median household income for Airlie Beach is $1,562, 4% higher than Regional Queensland's household income of $1,507. Airlie Beach has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 35% of property owners in Airlie Beach have a mortgage.

1,312
Population
$1,562 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households

More properties from TAYLORS Property Specialists - CANNONVALE

Other properties you might be interested in based on the location and property type you are looking at.