Key Investment Insights
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1. Prime beachside location in popular Alexandra Headland, offering ocean views from all apartments.
2. 12 apartments in the letting pool, providing a steady income stream.
3. Mix of 2 and 3 bedroom fully self-contained apartments, catering to a variety of guests.
4. Recently renovated pool, spa, and BBQ area, providing a modern and attractive amenity for guests.
5. Wi-Fi available throughout the complex, meeting the needs of modern travelers.
6. 21 years remaining on the management rights agreement, providing long-term stability and potential for growth.
7. Flexible working hours with no set office hours and self-check-in options for guests.
8. Manager's residence includes 2 bedrooms and 2 bathrooms, partly refurbished for comfortable living.
9. Repainting of the entire resort has commenced, adding value and improving the overall appearance of the complex.
10. Net profit of $195,000, inclusive of the manager's real estate.
11. Complex includes a pool, spa, BBQ area, and Wi-Fi, providing attractive amenities for guests.
12. Total of 38 units in the complex, providing potential for growth and a diverse guest base.
