Key Investment Insights
Key Insights:
1. Premium location in Airlie Beach with easy walking distance to township and stunning views of the Whitsunday passage and Coral Sea.
2. Well-established and successful business with consistently strong performance.
3. Unbeatable asking price and motivated vendors willing to consider all genuine offers.
4. High standard of accommodation with spacious apartments, expansive balconies, and all necessary amenities.
5. Impressive profit for 2023 calendar year, demonstrating potential for excellent returns for new managers.
6. No requirement for managers to purchase real estate at the resort, providing flexibility for new managers.
7. Two options available for new managers - purchase a three bedroom apartment or lease a two bedroom apartment within the complex.
8. Manageable business with 16 lots in the letting pool and potential for growth.
9. Supportive community in Airlie Beach and strong tourism industry in the region.
10. Two options available for the incoming manager - rent a 2 bedroom, 2 bathroom apartment or purchase a 3 bedroom, 2 bathroom apartment, both fully furnished with high quality decor and fittings.
11. Holiday complex with 30 units in total, including 16 in the letting pool, 7 owner-occupied units, and 3 lockup units.
12. Long-term agreement module with 21 years remaining, providing stability for new managers.
13. On-site facilities include a 20m infinity pool, 15m lap pool with spa, fully equipped gymnasium, and BBQ area.
14. The Whitsundays is a popular tourist destination with plenty of opportunities for leisure and recreation.
Management Rights Multiplier: 3.53
ROI Estimate: 28.31%