The Phone Code for this property is: 11725. Please quote this number when phoning or texting. Own a slice of Queensland's premier holiday resort. Net return 8-9% within 9-10 month rental per year. The rest is yours to enjoy for free. Year ending June 2020 operating expenses $26,276.56 after discount for prompt payment. No land tax as it is a sublease. No council fees, no water bill / no rubbish collection as it is all included in the operating expenses once per year. Electricity and gas bill per year $4000.00 No further expenses. Fully furnished with 38 sets of linen and towels and 4 seater buggy As sublessee for a further 133 years of Queensland's premier holiday destination "Tangalooma" you can use all the facilities free of charge. Like Tennis court, Squash court, ping pong, beach volley ball, bars and restaurants etc. Other activities on a rental base include, jetskie hire, hobby cat hire, fishing dingy hire, snorkelling and scuba hire, para gliding, canoe and paddle boards, beach bikes, Segway hire, glass bottom kayaks etc. Many other excursions you can use as part owner of the resort are ,desert safaris, Sunset-cruises, Lighthouse excursions, snorkel tours around the wrecks or to the blue lagoon, hire a land cruiser for the day to explore the island. and end up at the oyster farm or the famous gutter bar at the most southern end of Moreton (Koringal) , Fully furnished and ready to move in for holidays and fun and return for the next 2-3 generations. 133 year sublease remaining from the Tangalooma resort. and then to renew. It can be use as a business incentive with full tax benefit as you give can away free one weeks holiday incentive for a business promotion and use it for your family in between. Land area: 434m2 Apartment 1 ground floor =230 m2 incl. Garage for 3 cars. Apartment 2 upstairs = 245 m2 Moreton Island is a national park and will never have more land releases. The property consist of 2 fully self contained appartments Ground floor with seperate entrance: 2 x queen bed rooms and one bed room with one king single and 2 bunk beds. Sleeping max 7 guests One ensuite with spa bath and one second bathroom. Large living/dining room with island bench in the kitchen. All bench tops including bathrooms are in Granite. Gourmet kitchen with ice maker fridge and Gas stove, micro etc. Fans and a/c in the 2 queen bedrooms. Large terrace with staircase to the 4.5 mt x 8 mt Swimming pool Rent the smaller apartment to the resort staff and it will generate 35-38k per year in rental return and will pay for all outlay plus some return. You can then keep the upper floor for yourself all year round. Upper floor with seperate entrance: 4 bed room and media room apartment. To be used as private residence One bed room with king bed and ensuite with spa overlooking ocean. One bathroom with Laundry (Samsung washing machine). One queen bed room with wall to wall mirror wardrobe. One bed room with 2 x king single and a trundle bed with wall to all mirror robe. One bed room with 1 king single and one single bed with wall to wall mirror robe. One media room with pool table and tv corner and bar fridge and a day bed. Large kitchen with granite bench-top and island unit. Ice make fridge and gas oven, micro etc, Large living room and deck overlooking the bay and the wrecks. 180 degree view and never to be build out. Large webber on the deck with gas supplied from the resort. Fans and a/c units. Garage for 3 cars and second laundry with 11kg LG watching machine and spare fridge. Swimming pool to be shared by both apartments. At present both apartments are on Airbnb and stayz and our personal website as holiday rental and have generated combined around $120,000 net per annum over the last 2 years. Or just rent out occasionally to recover the operating expenses and keep it as your own home away from home in Paradise. Only one hour away from the gold coast or 20 min from brisbane and you are on the 1:15 h boat trip to unspoiled beaches and heaven. A lifestyle investment for your family and future generations. Please google Moreton Island and Tangalooma resort for more info. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.