3/5 Gleneagles Ave, Mornington, Vic 3931

This unit will be sold as an up and running Holiday Unit and comes completely furnished and is a self contained unit. It is a 3 bedroom unit with a private ensuite and bathroom, fully equipped modern kitchen with dishwasher. The open living area looks out onto a private courtyard with a covered pegola. It is one block back from the esplanade and is walking distance to the beach and local shops. It is one of 3 units in a quiet area and there is no body corp involved. The unit has recently been rated with AAA Tourism at a 3.5 star rating

A¢a?¬A"GleneaglesA¢a?¬ has been running successfully as an owner/managed self catering holiday unit since November 2005. Occupancy has been very high, which in return gives a healthy profit. Past bookings have ranged from 2 days to 10 weeks. It has been a popular place for migrants settling in Australia, where the unit has been more than suitable for a family while finding permanent accommodation within the area. It is also popular for interstate or international holiday makers or people just wanting a break from the city. It is a great unit for a weekender yet big enough and equipped sufficiently for long term stays. The current market is aimed at young families or couples, but could be marketed further and could easily be brought up to a 4 star rating, therefore increasing your cliental potential.

It is the Number 1 top spot on the popular A¢a?¬A"StayzA¢a?¬ holiday accommodation site under the Mornington search and has the highest A¢a?¬A"StayzA¢a?¬ classification of a Diamond member.

It is the ideal property as a rental investment as the rental returns are almost double to that of a permanent rental, plus you can use the holiday unit for your own use or purpose whenever you want. Who needs a time share unit when you can reap the benefits of the rental return on this property and also use it yourself whenever you want throughout the year.

Financial and occupancy reports will be provided to any interested parties.

The unit is currently set up and registered with several accommodation sites and will be sold with the following included:

A¢a?¬¢ Existing Website, domain name with extensive photo gallery of the unit www.gleneaglesmornington.com
A¢a?¬¢ Fully furnished as a complete self contained unit.
A¢a?¬¢ Hire of linen and laundry account already set up (paid monthly).
A¢a?¬¢ Cleaner in place who is thorough, reliable, honest and also lives locally. (The cleaner also arranges pickup and drop off for the linen).
A¢a?¬¢ Lawn mowing in place
A¢a?¬¢ Diamond star rating on www.stayz.com.au site.
A¢a?¬¢ Site on www.takeabreak.com.au
A¢a?¬¢ Registered with AAA Tourism (RACV) with a 3.5 star rating (Report provided)
A¢a?¬¢ Registered with Mornington Peninsula Tourism (MPT) and their accommodation site on www.visitvictoria.com.au
A¢a?¬¢ Art work for swapcards through MPT in place.
A¢a?¬¢ Handover of managing the business. Other than physically overseeing the property, the business can be managed totally on line via the internet.

All you need to do now to enjoy a free holiday anytime you want as well as a substantial rental return, is to buy this property and take over the management, everything else is in place for you.