Owner has built this property up to be a high performance rental investment property with over $240,000 in its first year of rental income. That equals a 6% NET return on investment plus $39,000 of building depreciations. (depreciation Schedule as requested) With the borders about to open up soon, we expect a massive year of domestic travel to Hamilton Island which is in the top 10 destination to visit. The future looks very profitable.
There is nothing quite like Hidden Cove anywhere else on Hamilton Island. This is a low impact project set into and around one the best spots in the Whitsundays, with award- winning building designer, Burleigh Designs, specialists in syncing with Queensland environment, at its helm. Recently won Nationally "Best Project Development".
Hidden Cove was completed in late October 2018 and consists of only 14 properties thoughtfully designed to capture the natural light and breezes. Separation between the properties gives you the sense of space, and a low maintenance complex design has been the focus with all services under the sweeping driveways for easy access. Very little external painting is required with powder coated aluminium on external walls and no timber on the complex apart from the front door. Water tanks are located throughout the complex allowing Hidden Cove to be self- sufficient for the tropical gardens and pool. And the pool... one of the largest wet edge pools on the island at 28 meters with a breathtaking viewing deck capturing the sunsets each evening and that leads on to a level lawn at water level for the family to relax and play. This flows onto the water's edge where at high tide, you hear the ripple sounds on the shore, at low tide, game on. Soft, expansive sand calls for some beach cricket, kicking a footy or taking your kayak out for a paddle.
This development has everything that you and your holiday guests could ask for.
Not many people have seen the beach that separates the Coral Sea from the green-covered land on the northwest edge of Hamilton Island, Even most locals don't know it's there, it's an undiscovered sanctuary. The beautiful thing about this location isn't just the sense of seclusion, but its North West Location allowing for spectacular sunsets over Dent Passage without the sun effecting your comfort.
Hidden Cove 6 is a magnificent single standing two level home of 322sqm. Enter via the sweeping driveway into the huge open plan living, dining and kitchen area all with breathtaking views of the crystal clear Whitsunday waters. Bi Fold doors open up to bring the outdoor in with a long generous balcony, beckoning you with its BBQ and views to eternity. What makes this area special is, being North West facing, the summer sun doesn't touch the balcony so enjoying the views can be an all day pursuit perfect, especially the unforgettable sunsets.
The massive master bedroom leads off the top level with bi - fold doors opening to the views again. An oversize walk-in wardrobe plus huge en-suite completes this stunning master bedroom and is one of the best on the Island. Have a Spa watching the sunsets or shower with water views to admire.
Downstairs leads to a large second living area and larger balcony for the kids to enjoy. Another two en-suited oversize bedrooms with spectacular views command the lower level. There are so many positives to mention so an inspection is a must.
This has the size and comfort of a luxury house with the comfort of a body corporate to take care of everything.
Comes Fully furnished, buggy and comfortable forward bookings that gives your investment a flying start.