POINCIANA LODGE Apartment 108 $760,000 1 Wayne Singleton 0416 024 168 Michaella Trigg 1 0400 870 222 email@example.com 0 location complex & apartment Poinciana Lodge Apartment 108 street no & name 2 Marina Drive, Hamilton Island, Queensland 4803 lot & plan Lot A108 on HR1631 size 108 m² aspect & views Northerly aspect, excellent views inclusions Fully furnished description & inclusions An idyllic location for guests, Poinciana Lodge is located centrally between the resort and the marina, and has remained a popular complex over the years due to the short walking distance to both. This one‐bedroom, single‐ level apartment will easily convert to a two bedroom, and is offered renovated and fully furnished, with first‐rate sea and island views, open‐plan kitchen and dining, oversized balcony and two living areas, with approximately 108m² total internal living area. Currently holiday let with a great deal of potential, this apartment is perfectly suited to honeymooners, visiting couples or an ideal abode for an island resident. Positioned to capture summer breezes and the winter sun, the Poinciana development lays claim to a large, shaded lagoon‐style pool, spa and barbeque area, secluded by tree line at the rear of the complex. The lodges incur no stamp duty payable on sale of the property, and this huge saving combined with the possibilities once converted to a two‐bedroom apartment may well be the investment of your lifetime. Sustainability Declaration available upon request. comparative analysis address sale price sale date Hibiscus 102 $795,000 December 2009 Lagoon 102 $840,000 February 2010 Frangipani 202 $785,000 March 2010 Hibiscus 107 $818,000 July 2010 DISCLAIMER: WHILST ALL CARE HAS BEEN TAKEN TO SECURE THE ACCURACY IN PREPARATION OF THE PARTICULARS HEREIN, NO WARRANTY CAN BE GIVEN AND INTERESTED PARTIES MUST THEREFORE RELY ON THEIR OWN ENQUIRIES. HAMILTON ISLAND PROPERTY SALES PTY LTD ACN 010 864 981 IS A WHOLLY OWNED SUBSIDIARY OF HAMILTON ISLAND LIMITED ACN 061 868 077. income & returns RENTAL RETURNS 2008‐09 Occupancy Rental Owner 62.47% $44,846.07 $27,324.47 RENTAL RETURNS 2009‐present Month Nights Rental Owner July 28 $4,812.00 $3,067.96 August 7 $1,501.00 $716.20 September 29 $7,033.50 $4,574.98 October 13 $3,064.70 $2,130.95 November 8 $1,951.60 $1,201.54 December 29 $6,420.06 $3,888.69 January 31 $8,159.58 $5,879.86 February 6 $1,573.20 $316.25 March 37 $7,444.51 $4,661.70 TOTAL 68.61% $41,960.15 $26,438.13 RATES & CHARGES 2009‐10 Sewerage $1,213.75 Garbage 240 Litre $417.64 Public facilities $1,738.86 Communications $235.27 Emergency services $830.59 Total $4,436.11 Discount if paid by due date $887.22 TOTAL LESS DISCOUNT $3,548.89 BODY CORPORATE CHARGES Quarterly $1,600.00 TOTAL annually $6,400.00 outgoings & charges DISCLAIMER: WHILST ALL CARE HAS BEEN TAKEN TO SECURE THE ACCURACY IN PREPARATION OF THE PARTICULARS HEREIN, NO WARRANTY CAN BE GIVEN AND INTERESTED PARTIES MUST THEREFORE RELY ON THEIR OWN ENQUIRIES. HAMILTON ISLAND PROPERTY SALES PTY LTD ACN 010 864 981 IS A WHOLLY OWNED SUBSIDIARY OF HAMILTON ISLAND LIMITED ACN 061 868 077. floor plan site plan DISCLAIMER: WHILST ALL CARE HAS BEEN TAKEN TO SECURE THE ACCURACY IN PREPARATION OF THE PARTICULARS HEREIN, NO WARRANTY CAN BE GIVEN AND INTERESTED PARTIES MUST THEREFORE RELY ON THEIR OWN ENQUIRIES. HAMILTON ISLAND PROPERTY SALES PTY LTD ACN 010 864 981 IS A WHOLLY OWNED SUBSIDIARY OF HAMILTON ISLAND LIMITED ACN 061 868 077. interested in real estate on Hamilton Island? infrastructure Hamilton Island is a fully integrated resort which opened in 1984. Since this time, it has grown to Australia’s largest island resort, offering facilities such as marina and village, retail shopping precinct, domestic airport, church, day care centre, kindergarten, primary school, high‐quality restaurants, bakery, tennis courts, gymnasium and a medical health clinic. It boasts many styles of accommodation from Hotel to luxury private apartments, houses and five‐star qualia. Some may class Hamilton Island as a small township rather than simply a resort, with approximately 1,300 staff and residents living on the island, and servicing up to 5,000 guests during peak periods of the year. airport access Hamilton Island offers direct air services daily through Jetstar, Virgin and Qantas airlines to most major cities in Australia. ownership on Hamilton Island Owning property on Hamilton Island is a unique opportunity considering the location and natural surrounds of the Whitsunday Islands and Great Barrier Reef. The island offers for sale Holiday Let accommodation, permanent rentals, vacant land sites, houses and villas. Due to the limited are approved for development on the island and the expansion currently underway, interest in property has remained strong over the years and has worked extremely well in favour of investors who have purchased either off the plan or established property. In most cases investors have had excellent returns on investments with holiday letting and also seen excellent capital growth per year for the last decade. foreign ownership There are no restrictions to foreign ownership of residential property on Hamilton Island with foreign residents able to buy and sell any property on the island, a number of which have taken advantage of this and own their own piece of Hamilton Island paradise. With the current expansion of the resort, Dent Island Golf Course and infrastructure, foreign ownership will no doubt increase as word travels internationally, considering how easy it is to access the island and the facilities it has to offer. title on Hamilton Island At present there are 52 villas established on the island, with a further 48 vacant land sites and land areas ranging from approximately 500m² to a generous 22,000m² (just above five acres). There are a total of 142 staff accommodation units and a further 538 holiday let and private luxury apartments. The title on Hamilton Island is leasehold, with Hamilton Island Enterprises Ltd (HIE) holding a Perpetual Lease over the island. The current lease is 99 years with an option of a further 99, with the first lease due to expire on the 31st March 2078. All property purchased on the island is by way of a Sublease of the Perpetual Lease (or head lease), and this structure offers considerable savings for investors in relation to stamp duties payable with certain properties on the island when comparing to freehold title. A copy of this document is provided to potential purchasers and their legal representative at the time of purchase, or upon request. Major Australian banks such as the National Australia Bank, Westpac, ANZ and the Commonwealth Bank of Australia all accept this form of title when lending to purchase. summation Property ownership on Hamilton Island is a unique opportunity for a few fortunate individuals, Australian and international, with property investors given the opportunity to earn an income from their investment whilst enjoying the lifestyle offered by the Whitsunday Islands and surrounding Great Barrier Reef Marine Park. www.hamiltonislandpropertysales.com.au DISCLAIMER: WHILST ALL CARE HAS BEEN TAKEN TO SECURE THE ACCURACY IN PREPARATION OF THE PARTICULARS HEREIN, NO WARRANTY CAN BE GIVEN AND INTERESTED PARTIES MUST THEREFORE RELY ON THEIR OWN ENQUIRIES. HAMILTON ISLAND PROPERTY SALES PTY LTD ACN 010 864 981 IS A WHOLLY OWNED SUBSIDIARY OF HAMILTON ISLAND LIMITED ACN 061 868 077.
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