Shingley Beach Resort, Lot 34/115 Shingley Drive,
Airlie Beach, QLD 4802

Shops & Retail • Hotel, Motel & Leisure

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$635,000

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Kelly & Co Property - Brisbane

Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

04122444...

Shingley Beach Resort, Lot 34/115 Shingley Drive

Airlie Beach, QLD 4802

04122444...

Map of Shingley Beach Resort, Lot 34/115 Shingley Drive

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Renewed Five Year Lease Plus Options to June 2029

Marina & Whitsundays Island views
8% Plus return
Fixed 3% rent increases

Price reduction - clear instructions to sell
Renewed 5 year lease to June 2024 plus 1 x 5 year option to 2029
As new restaurant comprising 496 sqm
Stunning location overlooking Abel Point Marina and the beautiful
Whitsunday Islands
Situated in the prestigious Shingley Beach Resort
Established residential base and Whitsunday tourism hotspot
Security bond equivalent to 6 months rent plus GST
Tenant pays water and trade waste expenses as per lease
Fixed 3% increases for the second term
Net Income: $56,752 pa + GST

Property ID: 502814246Last Updated: 20 May 2021

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Kelly & Co Property - Brisbane

Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000