L’amor Apartments Management Rights including 6 freehold units - $2.8M

L'Amor Apartments has now come to market. This business is offered with exclusive property management rights including 4 x 1 bedroom apartments as well as a further 2 x 3 bedroom apartments - the ground floor 3 bedroom apartment is currently being used as the managers quarters. The complex has 17 units with most in the letting pool and running about 80% occupancy

The 3,772 s/m freehold property has a tennis court and swimming pool as well as plenty of parking spaces. There is also a conference room with owners storage rooms on the ground floor.

L’Amor is only 5 min from the heart of Yeppoon central and a 5 min ride in the opposite direction to Rosslyn Bay Harbour where Freedom Fast cats can get you to the wonderful tropical island of Great Keppel in 30 minutes. To the west via the Scenic Highway, a further 30 min and you’re in the largest town in central Queensland; Rockhampton.

The units are generally booked out in advance and yielding a % return with an average of 80% occupancy. Each unit has recently been refurnished and totally upgraded to a fantastic modern standard.

L’Amor apartments are an ideal sea-change for those in our southern states to migrate to Australia's safest and friendliest state of Queensland, where Yeppoon offers so much for the young families with 2 major shopping precincts and state public schools, as well as high schools and a number of private schools from kindy to year 12. St Brendons College high school boasts some of its former students as some of rugby leagues best players. There is so much to see and do in this fantastic tourist town, however tourists are not the only input into this region, there is a local residency with in the regions basin of over 150,000 residents and with the new revitalised Great Keppel Island due to commence building this year, this region is ripe for further expansion.

Please contact me on 0415107515 or vanhoff@ozemail.com.au and I can walk you through some of the financials and unique opportunities that L’Amour apartments will provide for a new owner.