Resort Brokers Reference: MR001348This Resort is a large permanent property consisting of two adjacent buildings, set within beauti-ful manicured grounds and large lagoon style pools. The property experiences recession proof income from three verified sources two body corporate salaries and guaranteed monthly in-come from Wyndham time share apartments totalling over $350,000, plus the income from the permanent letting poolWyndham Time Share consists of 29 apartments mixture of apartments over both buildings. These are managed by the vendors through a weekly manifest. All bookings, payments and transfers are organised through Wyndham. The apartments experience high occupancies result-ing in extra income through tours and housecleaning. The tours are consistent throughout the year with over $40,000 profit last year. Monthly management fee of $9,690,There are 192 apartments consisting of a majority of 3 bedroom resort style living. Most apart-ments are fully furnished offering furnished or un-furnished propositions for permanents. There are currently 86 permanent in the letting pool.Permanent lets in managers pool 83Owner Occupiers 60Wyndham Timeshare 29Outside Agents 17Holiday units in Managers Pool 3Managers Lots 4 bedroom, 3 bathroom unit over-looking the pool. Office attached (this was originally the reception, it now houses the PABX and would make an ideal home office or study. Garage has been converted into a rumpus room, used as storage. Two undercover car parks with a secured storage room each.Office/Reception: Reception, offices, shop, tour desk facilities, sauna, gym and internet caf.2 large free form lagoon resort style pools, 2 large spas, BBQ facilities, gym, sauna, full size tennis court, internet caf, general shop, childrens pool and walking tracks Net Profit: $484,000