Key Investment Insights
1. The business for sale is located in the popular holiday destination of Broadbeach on the Gold Coast.
2. The business has a great net profit and a long agreement term of 23 years.
3. The letting pool consists of 10 stylishly appointed 1- and 2-bedroom apartments.
4. The agreement allows for a great lifestyle with no set office hours.
5. The managers unit has been beautifully renovated.
6. The business is ideal for new entrants to the management rights industry.
7. The complex has a total of 29 units, with 10 in the letting pool and 12 owner-occupied units.
8. The agreement module is "Accommodation" with a 25-year term.
9. The complex features a pool, spa, and BBQ area.
10. The managers unit has a value of $880,000 and includes 2 bedrooms, 2 bathrooms, and 2 car spaces. Pets are also allowed.
Management Rights Multiplier: 4.50
ROI Estimate: 22.23%