PROPERTY DESCRIPTION

Located at Golden Beach with views over the Pumicestone Passage.

Sails Resort Golden Beach

Live off site, operate from Reception Office and rent out Managers Unit (Subject to Body Corporate approval)

Units Under Management – Total of 17
• In The Complex of 29 Units
• 9 Holiday Lettings
• 3 Permanent Rentals
• Outside of the complex
• 2 Holiday Lettings
• 3 Permanent Rentals

3 Bedroom Managers Unit is Located on Level 1 with views across The Pumicestone Passage. The office located on ground level is on title as is the lock up car storage.
Occupation Authorities held for multiple storage areas on level 1 – used for linen etc. Garden shed and pool room are also covered under the occupation authorities.

Caretaking and Letting Agreements are current until 2 November 2040

Body Corporate Salary $50,080 with Annual CPI Increases

Net Profit expected to exceed $165,000
• External Rentals contribute approximately $23,000 to net profit

Advertised Office hours are 9am -5pm Monday to Friday and 9am -3pm Saturday.

For further information and to arrange your private inspection please contact Agent Chris Hinkly.