Key Investment Insights
1. Prime location directly across from Alexandra Headland beach
2. High potential for attracting holiday guests
3. Proximity to various amenities such as cafes, restaurants and retail stores
4. Spacious and fully self-contained apartments with various sizes and amenities
5. Spectacular north facing beach and ocean views from all apartments
6. Property facilities such as swimming pool, sauna, cable TV, security undercover parking, BBQ facilities, games room and putting green
7. Strong financial performance with a net profit of $239,765
8. Additional income from remuneration/body corp salary of $54,066
9. Managers unit with excellent ocean views and air-conditioning in the lounge
10. Complex type: Holiday with 21 units in the letting pool and only 2 owner-occupied units
11. Long agreement term of 25 years with 21 years remaining
12. Additional amenities such as pool and sauna add value to the property
13. Potential for growth and expansion through marketing and advertising strategies
14. Pet-friendly complex, attracting a wider range of guests
15. Strong potential for a profitable investment opportunity.
Management Rights Multiplier: 5.19
ROI Estimate: 19.26%
