5 Simmons Street, Airlie Beach QLD 4802

Own the entire building - 4 Units on 1148sqm in the Heart of Airlie Beach. An exciting opportunity to expand your property or superannuation portfolio now exists only metres away from the main street of Airlie Beach. This blue-chip investment opportunity consisting of 4 apartments are located on a large 1148sqm block only metres away from the main street of Airlie Beach and local Marina's.

The units are currently presenting well with full-time tenants occupying all properties currently managed by Ray White Whitsunday. The solid concrete building requires very little maintenance and the grounds are easy to maintain. Each of the units feature air conditioning, kitchenettes, bathrooms, lounge area and bedrooms. A communal laundry and a storage room are located on the ground level.

Due to the vendor holding ownership of the entire building, there are NO BODY CORPORATE levies for each of the units.

All units are currently rented to great long term tenants so you can secure the building with solid rental return already in place.

- Current gross return of approx $59,000+ p/a (rent for all 4 apartments combined over the year)
- 1148sqm block only metres from the main street of Airlie Beach
- 4 apartments (1 x 3 bedroom top floor apartment + 3 x 1 Bedroom units)
- Each unit fully self-contained equipped with kitchens, bathrooms (Communal Laundry)
- Close to all local amenities, approx 150m walk to the main street of town, incredible land positio
- Elevated position at the end of a quiet cul de sac
- No Body Corporate Levies
- Opportunity for owner occupier or investor alike
- Potential to live in one apartment and rent out the rest
- Great development opportunity for the future with a holding income from the apartments

Airlie beach is the growing premier tourist accommodation and day trip hub for the beautiful Whitsunday Islands. Apartments such as these accommodate many of the island resource staff and hospitality workers who are employed in the main street so the rental demand has always been strong in this building.

This is a rare and exceptional buying opportunity that can't be ignored, for further details call marketing agent Adam Webster today.