Property for sale
Zen Villa Bali For Sale AU $90,000
The current lease runs to 2025 and is then renewable for a further 20 years. An English version of the lease is available.
The lease is granted over the land and valued on unimproved value ( The lower rate of valuation ).
The current lease expires in 2025 then you can renew for another 20 years. The Lessor of the land has leased the entire Resort area for 40 years, and each renewal is done individually.
The process of sale and purchase is relatively simple.
A sale agreement is entered into between the Lessee and the Purchaser for an agreed price and date of transfer.
Austrindo Australian/Indonesian Law Office in Bali handles the paperwork.
A deposit of 10% and balance of payment can be held in trust by your Solicitor here in Australia, and each party can send their payment for legal expenses etc individually to Austrindo Bali. Settlement is made on the date of transfer of the lease.
We are selling the entire villa inclusive of all furniture, fittings, A/C systems, linen, garden statues, plunge pool etc etc. With this goes the balance of the existing lease, plus the right of renewal for another 20 years. The new lease of 20 years will be determined at the time of renewal by way of land value Not improved value So in other words the villa is sold as a going concern.
I would be happy to continue to market the villa if you were to purchase. The commission rate is 10%.
The Resort itself is off site Managed by 2 Expats. They charge us monthly for electricity, water tax, pool chemicals, cable TV, and then every 6 months we pay levies of $3450 for the maintenance of the grounds, mowing the lawn area at the villa, the plunge pool, the pool pump and any other minor items like blown bulbs on the outside of the villa. The 6 monthly levy also covers reception, Security Guards in place 24/7 and the supply of filtered water to the villa, plus of course electricity mains supply to the villa, and septic tank management. We are also part of a small group of owners who have the exclusive use of a Genset to provide power to the villa in the case of disruption of mains supply.
The Villa is currently leased from July 2022 to end of June 2023 for AU $14,000pa
ZEN VILLA BALI INCOME /EXPENDITURE FROM JULY 2018 TO JUNE 2019
BOOKING.COM COMMISSION $2461
Villa Cleans Etc $5500
Cable TV $1360
Web site exp $200
Room Tax $1215
Total Exp = $18,477
Net Income = $18,767
Port Douglas offers over $260,000
3 Drupa Street Palm Cove Offers over $899,000
A little piece of Tropical Paradise in Palm Cove.
Enjoy the lifestyle Palm Cove has to offer. Situated in a small quiet cul-de-sac on a 708m2 lot in the centre of Palm Cove and only a short walk to the beach, the coffee shops and restaurants on the Esplanade. A very neatly presented property for the investor who wants to escape the southern winters or a place to make your own. The home features a modern master bedroom with a large fully tiled ensuite, walk in robe and luggage storage. The room over looks the tropically landscaped garden and pool.
Two additional bedrooms with built-in robes with separate bathroom and toilet. Open plan kitchen and living room opens out on to the covered patio overlooking the front garden. Under main roof carport with a lock up 6 x 4 m storage/garden shed. Beautifully located, this very private property has great potential for additional expansion and renovation. Fitted with solar, fully air-conditioned with fans, A short drive to Clifton Beach shopping centre with a super market and all services. Schools, colleges and James Cook University within 15 minutes drive. 30 minutes to Cairns airport and CBD.
Lot 153 "The Palms" Kewarra Beach
Lot 153 The Palms Kewarra Beach. 464m2. This is a very upmarket development on the old Paradise Palms Golf Course at Kewarra Beach featuring large tracts of preserved Rain forest areas. Restaurant shops and Bars on site in the development plus Water Park and adventure playground. Also a new Catholic School to be built on site. Stage one all sold out.
“As a local family we know how important family friendly attractions are. The Palms offers everything from meeting places in cafes, restaurants and bars, to kilometres of walking and cycling trails. And children will be in wonderland with the magnificent waterpark and adventure playground we have designed. It is sure to bring a lot of joy for everyone.
“There will be a caravan park and motor home precinct, short stay villas available for visitors to the area and locals wanting to take advantage of mini staycations, as well as large sized residential lots for those wanting to build their dream home and live permanently on site while taking advantage of all the facilities at their fingertips.
Over 30 Hectares
of open space to enjoy which will include 5km ofcycling and walking trails between and around each enclave.
Central Parkwill include an amphitheatrewith tiered seating, BBQ shelters and a market zone,all surrounded by majesticshade giving fig trees.
Settlement of purchase will be subject to the current holder of the interest in Lot 153 settling his/her purchase of the land. In other words this is an on sell.