$3,050,000

Six Freehold Apartments with adjoining approved development site. A combined land holding of over 1300m2 in a premium location in the Heart of Airlie Beach.

Offered for sale for the first time in over 20 years - a rare opportunity to secure 6 freehold fully furnished self-contained units in the heart of Airlie Beach, and an adjoining development site with a current approval for 9 additional units and a 12-metre height allowance.

These very unique properties can be sold together or separately.

• 42 Airlie Crescent is the 6 self contained units and reception
• 44 Airlie Crescent is the 708m2 vacant residentail land with development approval for 9 units.

Presently the 1 Bedroom Studios are returning $ 160 per night and the one Bedroom Apartment is $175 per night. (Higher rates are achievable over the peak holiday periods)

With an average occupancy rate of 90%. and average room rate of $165Pn then Gross income of $325,000 is easily achievable.

The six boutique units are flawless in their presentation with recent renovations offering a clean, modern fully self-contained Studio or One Bedroom apartments with all the mod cons. Each unit has exceptional views overlooking the Coral Sea, the Whitsunday Islands and Airlie Village from the private balcony or porch.

An added bonus, the units are Strata Titled with the ability to sell individually and currently incur no strata fees.

No need to maintain a pool as they are within 100m of the Airlie Lagoon and 70 metres to the Main Street, 'Footsteps from Everything you need…'

The vacant 700m lot adjoining the units has a current development approval for nine more apartments, including a manager's residence, and will offer some of the best views of Airlie, the Islands and the Coral Sea. Imagine building your dream home on this site with an income producing asset next door, or 14 lettable apartments plus a manager's residence, the options are limitless.

This is the perfect opportunity for anyone looking to escape the cities, live the dream and an easier lifestyle, with an income whilst enjoying everything the Whitsundays have to offer.

Contact Brett Dwyer 0447 583 759 or email [email protected]

Awards:
Trip Advisor - #1 of 73 Specialty Lodgings - 5 years in a row
Certificate of Excellence - 7 years in a row
Hall of Fame
Traveller's Choice 2016 2021
Best of the Best 2021

Booking.com - Review Awards 2014 - 2020 9.5/10
Trivago - Hotel of the Year 2017
Lonely Planet - First Choice
Hotels Combined 2021 - 9.5/10
KAYAK Travel Award 2021