Dreaming of owning a successful holiday resort on a tropical island? Look no further! Perched high at Point Lookout, surrounded by lush Pandanus Palms, Pandanus Palms Holiday Resort delivers breath taking ocean views and the ultimate island lifestyle.
This established resort is a breeze to manage, with no set office hours, low-maintenance facilities, and 17-year agreements in place. It's the perfect opportunity to enjoy a profitable business while embracing a relaxed island pace.
- Steady Income: With 37 apartments (23 holiday let, 3 managed by outside agents, and 11 owner-occupiers), you'll enjoy a consistent income stream with room to grow.
- Resort Facilities: Guests love the sparkling inground pool, tennis court, and spacious, well-appointed apartments, all set against incredible ocean vistas.
- Strong Financials: Net profit of over $323k, including a $132k Body Corporate salary, delivering a solid 15.24% ROI. Agreements are locked in for 17 years, ensuring long-term stability.
- Comfortable Living: The manager's 3-bedroom, 1.5-bathroom unit with an attached office on title, offering a great living space with direct access to the business.
- Island Lifestyle: Perfect for a couple seeking a sea change, this resort is a favourite for returning families who come year after year for the views, whale watching, and laid-back atmosphere.
This is a rare chance to step into a thriving island business. Book your inspection today and start living the dream!
** Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
