14/390 David Low Way

Peregian Beach QLD 4573

This uniquely designed, 3 bedroom beach house investment property within The Retreat Beach Houses Resort is a rare opportunity for the astute investor, with expansive tree-lined dune and ocean views! The property has direct access through the sand dunes to a beach that is home to nesting loggerhead and green sea turtles, an abundance of birdlife and ideal surf breaks. The 2-storey house is nestled in the sand dunes, where living has been spread over two levels to make the most of the natural light, native reserve outlook and fresh ocean breezes. The lower-level houses three bedrooms, two which open onto a covered deck with a peaceful ambience, an ensuited master bedroom, and a main bathroom with laundry. Stairs lead to the upper-level which features a pitched ceiling open plan living, dining and kitchen. The open-plan living and dining space spills out to a sun-drenched deck where you can relax and take in views over the treetops to the ocean where humpback whales migrate past annually between June and October. This ideally situated beach house is being sold fully furnished with basic kitchen equipment for $900,000. The onsite management of holiday rentals ensures maximum occupancy with good return on investment. Holiday rates for this style property up to $630 per night are achieved at peak times. The complex has a full-sized tennis court that has recently been resurfaced and a lagoon style heated outdoor pool with undercover BBQ facilities. Beachfront Real Estate within the Noosa region on the northern aspect of Peregian Beach such as this is rarely found; more than 50% of the beach houses within the complex were purchased off the plan in the development stage of the resort and have not been listed for sale since. The Resort operates at around 77% occupancy and future tourism trends support a further growth for the Noosa region. The Sunshine Coast Airport expansion offering significant international flights will increase the international and high spend travellers to the area and allow for rates to rise as the demand for unique accommodation increases. The Retreat Beach Houses will as a result continue to improve capital worth and compete well on the market in the future. Tourism is a leading industry of Noosa, Queensland and Australia, the region has natural attractions within close proximity and is the ideal base for international and domestic visitors to access these world recognised destinations, commonly guests book tours to Fraser Is, Lady Elliot Is, the Noosa Everglades, Double Is Point and hike throughout the Noosa National park. Inspection by appointment and:Champagne viewing:Friday 17th January 2020 5.30-6.30pmTuesday 21st January 2020 5.30-6.30pmOpen House:Sunday19th January 2020 2pm -3pmSaturday 25th January 2020 10am-11amReal Estate Agent Contact: Dan Gleeson 54481922 or 0437695121Additional Information:Average Nett Holiday Letting Income for the resort, Financial Year ending July 2019 = $36367 (this includes cleaning, commission, advertising, some repairs and maintenance). The local tourism trend and forward bookings suggest that this is likely to further increase over the next 5 years, as demand raises holiday accommodation rates.BC Fees is approx $3874 quarterly - the BC within this complex is very conscious of maintaining a high standard and have recently financed the external painting of all beach houses and common areas, the re-roofing of all beach houses, the re-surfacing of the pool and tennis court.