BONGAREE QLD 4507

$495k MR & $520k Unit = Total $1.015M

Paradise Living Awaits - Beachside MR

- BONGAREE QLD

$495k MR & $520k Unit = Total $1.015M

Unlock the potential of Bribie Island, a thriving holiday destination!

Embrace the ultimate sea change with a peaceful waterfront setting overlooking the stunning Pumicestone Passage. This boutique holiday apartment complex offers both lifestyle and investment appeal, promising lucrative returns.

– Prime Location: Just an hour’s drive north of Brisbane, this hotspot draws a constant flow of visitors from Brisbane and interstate.
– Profitable Business: With a proven net profit of $145,682 @ a strong ROI of 14.3% and room for growth by optimizing inventory and operations, this complex boasts a strong track record and promising profit margins.
– Growth Opportunities: Increase revenue by boosting direct bookings, utilizing dynamic pricing, and reconfiguring room layouts for higher occupancy.
– Secure Income: A sound body corporate salary further strengthens the Net Operating Profit.
– Extra unit recently added to the letting pool, now 14 in total, with a potential for another to come online from Jan25. Profit currently not accounted for in the NOP. Uptick in profit straight away.

Conveniently located within walking distance to popular restaurants, the Bowls Club, the RSL, and just a short drive to the Sandstone Point Hotel. The only Island in the region accessible by bridge.
Don’t miss out on this exceptional opportunity—contact our exclusive agents today to learn more and schedule a viewing today!

**Ras360 – Management Rights | Motels | Hotels | Pubs | Parks**

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BONGAREE QLD 4507

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