4101B/146 Sooning Street

Nelly Bay QLD 4819

This apartment was bought off the plan in 2006 by long term locals recognizing its spectacular location and unique features. Keeping the proximity to the ocean in mind, this and the neighboring apartment, both on the western side of the pool, had absolutely no yard or apartment damage from cyclone Yasi. All Yasi issues experienced elsewhere had extensive measures taken by the BC to limit future repeats. The overhead yard picture was taken by the owner occupier of the apartment above, just after cyclone Kirrily in Febuary 2024, no issues. This apartment was owner occupied for five years before now being casually holiday let on AirBnB and Stayz. You can choose to keep future bookings or have them cancelled, the property is currently holiday rented for $320 per night as only a two bedroom apartment, with the third being locked off for owners storage of frequently used personal property and water sports equipment. You have the ability to also hand launch canoes via the side gate or out front if more adventurous.
Presently averaging around 180 nights occupancy PA, gives an after expenses 5% return on the asking price. If yourselves wanting a higher return you can take less personal use and or sacrifice your own exclusive use of the third bedroom, with plenty of space to build in large storage lockers in the sand room. 3 bedroom apartments in the complex are returning around $500 per night. This apartment is regarded by many of our guests as their best Island stay location and some have said, the best in the whole of NQ. The apartment is being sold furnished less wall pictures, side veranda furniture and a couple of other small personal items, basically ready for uninterrupted holiday letting. This can be managed from a far by local agents or for maximum returns, by yourself through AirBnB or Stayz with a reliable local cleaning company being your eyes and local presence if ever needed at minimal charges.
The nice thing with this property is you can try before you buy to truly appreciate why this is such a spectacular property when making comparisons. Try and you'll never want to leave.
Lovely fresh sea breezes all year round where the Mozzies and Sandflies don't venture this far out, so no need for fly screens or closing up at dusk. You will love living on the Island, clean healthy air, no crowds, friendly locals, very little traffic, best medical system you'll ever experience, virtually no crime and so on. The city is only a twenty minute ferry ride away.

Body corp fees approx $11,500 thru $14,500 p.a. depending on, on site upgrades (Top pool refirb last year) ; council rates approx $3100 p.a. including water.

To enquire, please email or call 1300 815 051 and enter code 2281