Holiday units

Hello to one and all!
This is my first posting. Having almost completely read Steve’s book (upto p282…I have never read so much in so little time) I need to raise a couple of questions regarding Holiday units.

Being single income, my equity in my primary residence (although not providing much opportunity in Sydney, will afford me a range of units in Far North Queensland.

My question is:
Although land appreciates (and given there is next to no land value in units) would it be wise to purchase a holiday unit given the following facts:

There is a mix of long term & holiday renters,

There is a net return of $350/month (providing me with positive income)

The unit is affordable in my financial situation,

Income is pooled (and hence no disadvantage if my particular unit is not rented at the time),

Pooled expenses

I am able to holiday there for 4weeks each year(although taken out of the shared income for that time)

Interested to hear your thoughts