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This is a Once in a Lifetime Opportunity, for the astute investor the owner is now requesting offers to be presented before Christmas to purchase the business only and lease back the villas for an agreed return.
This business is currently netting the owner over a $700,000 return on the 17/18 Financial year and is on target to surpass this figure for 2018 - 19 FY. All figures are accountant verified.
There are two options available here now:
Would you like to purchase the entire complex and the business? Providing an approx 10% return
Or the owner has asked me to present offers for the business alone and lease the villas from the current owner in a 30 year leaseback agreement initial 10 year offering and 4 x 5 year options. Which will provide a 25% return.
The opportunity is 6 Beautifully presented fully self contained Luxury Villas with 180 degree views of the Whitsunday Passage, Dent Island with views in the distance across to Shute Harbour. With a western aspect you can experience the most magnificent sunsets from the oversized balconies.
These 4 modern villas and 2 Apartments present a great investment opportunity with significant returns with minimal owner input and a very high occupancy throughout the year. Sit back, relax and let the income roll in. This is not only an excellent investment, but a wonderful lifestyle, you can enjoy also if you choose.
- 4 Modern fully Self-contained open plan Villas
- 2 of the VIllas have an adjoining 1 bedroom fully Self- Contained Apartment that can be rented seperately
- 4 x 3 Bedroom and 2 x 1 Bedroom.
- Sensational Views
- Swimming Pool
- 4 x Golf Carts
- High Occupancy
- Solid Return Customer Base
- All caretaking and maintenance outsourced.
- No need to live on Hamilton Island, current owner lives Interstate
- Projected Net profit $725,000pa 2018 - 2019 FY
For more information on this property please contact Finn Accommodation Broker, Russell Spurrell.
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