Key Investment Insights
1. Prime location directly across from a popular surfing beach.
2. Close proximity to a variety of amenities, including surf club, restaurants, cafes, shops, and recreational activities.
3. Strong financial performance with a net profit of $592,023.
4. Secure body corporate salary with annual CPI review.
5. Spacious and well-maintained manager's apartment with a value of $730,000.
6. Large complex with 68 units, 45 of which are in the letting pool.
7. Diverse mix of holiday, permanent, owner-occupied, and outside agent units.
8. Long-term agreement term of 25 years with 21 years remaining.
9. On-site amenities such as a pool, spa, and WIFI.
10. Potential for growth and further development in the popular Sunshine Coast market.
Management Rights Multiplier: 5.69
ROI Estimate: 17.57%
