4 Marina Drive, Hamilton Island QLD 4803

Selling below replacement cost and bringing in over 5.5% net return consistently, with plenty of room to improve further. The owner has recently spent over $300,000 replacing the roof to current building codes and painting the home internally and externally, so the large expenditure is complete. Now it just needs some creative styling to maximise the already healthy rental returns.

Nautilus is a one-of-a-kind elevated home with sweeping views over Hamilton Island Marina, the Whitsunday Islands and beyond. The whole house was designed around the central internal pool, which is gas-heated, making it useable all day, every day. This expansive property spans three levels with four ensuited bedrooms and is perfectly designed to accommodate large families or groups who value their own space and comfort.

Off the shared driveway, you will find a double garage with storage and stairs leading to the main residence. On the first level is a private bedroom with portholes from the pool shining through into the room for a tranquil effect, while you gaze at the marina views from bed or your own balcony. The laundry and additional storage are also positioned on this level.

The timber staircase leads to the middle level, a space dedicated to pure entertainment. You are greeted by the view of the large oval pool, surrounded by glass to capture the stunning vistas that island living is all about. A media TV lounge sits to one side, with an open lounge, dining and kitchen area featuring modern appliances to cater for large groups. This flows to the external balcony with BBQ and outdoor dining area, along with access to the highlight of this residence – the 2m-deep pool, complete with seating platforms to laze away the days. This level also includes a bedroom with ensuite and walk-in wardrobe.

The staircase continues to the upper level, where you will find a third bedroom at the rear with its own ensuite, and the impressive master suite with oversized bathroom and generous balcony. The views from here are sublime over the marina and Whitsunday Island, which come alive at night with the twinkling lights of the active marina set against the stars.

This property is offered fully furnished with two buggies. Nautilus is not only a unique lifestyle decision but also a healthy financial one.

Inspection is a must to appreciate the potential of this stunning home.