6/12 Golden Orchid Drive

Airlie Beach QLD 4802

- Fantastic sea views
- North facing aspect - Shaded in summer, sunny in winter
- Master has walk through robe to ensuite and accesses the balconies
- Fully furnished with all new appliances
- Three double bedrooms, main bathroom has bath
- Fully tiled throughout
- Single lock up Garage with remote door and storage at rear
- Austar as part of Resort
- Two Swimming Pools in complex and a spa
- BBQ Area
This unit is in a tidy condition and could easily go back into the holiday letting pool, however at this stage, the owners have rented it out permanently on a short term basis to working travellers. It returns $650 per week. The body corp levy for admin, sinking and insurance is $2300 per quarter.
*The owners will pay equivalent to the next 2 years body corp levy's for any buyer who purchases at this price.
The on-site manager keeps the grounds in excellent condition, along with both pools, and the building is in good repair and it has a healthy sinking fund of over $100,000 at last AGM (June 2013).
The complex was built in 1996 and has a depreciation of $5225 per annum (that's in your pocket each year) PLUS you can claim a very healthy depreciation on all the furniture, appliances and fittings
This is a must see unit. Owners paid well in excess of $500,000 for this property and want to cash up to put funds toward other enterprises and so have dropped the price to a very cheap $387,000.
The last two units to sell in this complex were in August 2013.
Unit 8 - exactly the same layout, exactly the same condition as unit 6 - Sold for $387,500
Unit 5 - Similar layout, similar condition, same size, slightly less view - Sold for $382,500
This unit is a great buy so be quick before you miss out!
This is what the owner has to say I love this unit and am sad I have to sell it but there comes a time when plans change and we have to move on. I love that I have complete privacy yet stay in the middle of town. I love watching the activity on the water as it continues to change. I understand people are concerned about the high body corp fees, after all $2300 per quarter is a sizable amount of money. I have always looked at it the other way though. For my money I get a beautifully presented, well maintained complex with swaying palm trees and idealic setting. I can swim laps in the wet edge pool or relax by the edge soaking up the view. I can enjoy playing with the kids in the second pool or jump into the spa and enjoy a relaxing soak to ease away all my built up stress and tension. I never have to think about cleaning or maintaining the pools or spa, nor do I have to think about trimming trees and weeding gardens. I never have to think about sweeping the driveway, cleaning the stairwell or putting out the wheelie bins. I never have to think about repairing anything outside, nor maintaining the building or paying my insurance. I have an insurance policy for inside the unit, covering everything including furniture and tenant insurance for less than $200 per annum so I see the value in paying my body corp levies because I always wanted to enjoy my unit not do jobs when I go there and I would never have saved the money to pay for repairs like I do for my house. There is an on-site manager who can manage my unit for me if I choose and they also look after everything to do with the complex so all I have to do is relax and enjoy my property.
Because I understand buyers are put off by the body corp fees, I am offering to pay the next two years up front, should someone purchase this unit at the asking price. That way, you can enjoy it without the extra costs. In two years time rents will most likely have gone up again (I used to get $650 per week) and the Governments may have found a solution to the cost of insurance cost. Even without that, I am so confident that you will love my place, that you will see the benefit of the body corp once you have experienced staying there.