This idyllic lifestyle could be yours just 15 minutes from Ingham and 1.5 hours from Townsville. Only 100 metres from one of the best beaches in North Queensland. This iconic Forrest Beach property has been independent valued at $800,000 not including chattels (Valuation is available for inspection).
The owners are moving overseas and are willing to sell at the drastically reduced price of $645,000, or near offer, which is well under the market value. This will include all chattels, furniture and equipment, valued at many tens of thousands of dollars.
Currently, two of the units are permanently let at around $300 per week each and the other four units are each holiday let at $100 per night for short term or $300 per week for longer term rental. Annual Rental income for the financial year ending June 2017 was $57,500.
This must be the best value buy in North Queensland. Where else could you get such value for your money? This is a very substantial property.
Upstairs: there are two fully self-contained apartments. One has three large air-conditioned bedrooms, fully renovated modern kitchen with walk-in pantry, bathroom, large living and dining areas, a separate office/study and large verandas on two sides with ocean views and refreshing breezes. This apartment could be used as a family residence whilst enjoying considerable income from the other units.
The second upstairs apartment has been fully renovated and consists of two bedrooms, kitchen, lounge, dining area and bathroom. It also has an outside deck with pool and ocean views.
Downstairs: there are four one-bedroom units, all recently renovated, that are presently used for holiday rentals. These units could easily be permanently let as they are all separately metered. Under cover parking is also available.
A sparkling inground swimming pool in a tropical setting provides a great setting for relaxation and refreshment.
LAND SIZE :- 655 square metres.
Forrest Beach has one of the most picturesque beach frontages in North Queensland. The beach area is serviced by a Supermarket, Medical Centre, Chemist, Takeaway, Post Office and News agency, Hairdresser, Real Estate, Primary School and Hotel / Motel.
The property is being marketed conjointly by Felix Reitano Real Estate and Venables Real Estate.