The Phone Code for this property is: 53351. Please quote this number when phoning or texting.

Paradise Island Resort

This spacious, fully furnished 1-bedroom courtyard apartment is perfect for investors or those seeking a vibrant coastal lifestyle.

Prime Location
Paradise Island Resort is situated in a prime corner position on Paradise Island, one of the top three islands in the coastal area, nestled between Cavill Island and Capri Island.

The resort spans 4.5 acres, offering beautifully landscaped tropical gardens, palm trees, and a pool area with a rock waterfall and soft blue night lighting. Has great potential for buy out in the future due to prime location on the water, its size of land and its only 7 floors height. Perfect for big developer

Resort Facilities
Enjoy several cabanas with shade umbrellas and beach chairs. There are also:
- 2 big pools (one semi- heated)
-Spa/Jacuzzi
- Rock waterfall
-Gym (well equiped) with stunning views of the water
- Sauna
-Double height Lobby with staffed reception 7 days a the week
- Security staff: Covers nights
- 2 outdoor electric BBQ's fully covered with tables (great for events)
- Jetty: Perfect for fishing
- Pontoon: where small vessels like jet skis can be docked.
- Big landscaping area surrounded by beautiful landscape with palm trees. Has also several resting areas to sit and enjoy the night with a nice glass of wine.


Investment Potential
Currently, the apartment thrives as an Airbnb, generating approximately $45,000 per year, with potential to grow to $55,000 to $60,000+

Additional Features
The resort also boasts a well-maintained tennis court with artificial turf, visitor parking, and one conveniently located underground car park space all to yourself (1 spot Included in sale)

Council and Outgoings
Council Rates approx. $1,500 per semester, (payable twice yearly)
Water and Sewerage approx. $350 per quarter.
Body corporate fees approx $1,300 per quarter.

Note: generally properties with these amenities can be double or more in outgoing fees, so very Affordable for this type of resort style living on the water.

This is a rare opportunity-ideal for savvy investors or a dream beachside home.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.