Prestigious 5-star building in sought-after beachfront location.Exceptional standards of accommodation and facilities catering to the discerning guest with all units having ocean views.43 units in total – 16 in the holiday letting pool.Facilities include heated pool and spa, sauna, gymnasium, tennis court, entertaining/barbecue area in tropical garden setting, underground security parking.Stunning 2-level spacious manager's unit featuring ocean views, 3 bedrooms, 3 bathrooms, 2-car accommodation and private outdoor living – competitively priced at $1,200,000.Attached office on title.Complex is 7 years old and original owner now selling.25 year agreement from 2002 with 17 years still remaining.Body Corporate Salary $75,000 increasing by CPI each December.Netting $231,237 for 12 months to June 2010.