Currently operated as a nine room accommodation facility this recently renovated 100 year old 'Queenslander' is set amongst a beautiful bush landscape with views looking back over the Sarina Township and nearby coast.
Letting terms are variable but typically medium term.
The property is enjoying high occupancy levels and strong letting rates however there is still upside on these numbers as the regions economy continues to thrive.
Gross Returns for 10 month period to 30 April 2021 - $98,002.
This is an ideal property to self manage with minimal time and effort required or still extremely profitable as a passive investment via agent management.
Sarina is a thriving country town just south of Mackay servicing the coal ports of Hay Point and Dalrymple Bay, the Jilalan Rail facility and the local sugar industry.
Whilst operating successfully and very profitably in its current form, this property is well suited to a shift in operating format toward a tourism oriented B & B set up with minimum outlay required or conversion to a residential property in a tranquil setting close to all amenities.