Key Investment Insights
1. Prime beachfront location in sought-after Broadbeach, with high demand from tourists and locals alike.
2. Strong and consistent net profit of $219,000, providing a reliable income for the business.
3. Low-maintenance complex, making it an ideal opportunity for first-time operators.
4. Long-term security with 21 years remaining on the accommodation module.
5. Solid letting pool with 19 out of 30 apartments under management.
6. Self-contained, air-conditioned apartments popular with holidaymakers and returning guests.
7. Resort-style facilities including a heated swimming pool, spa, BBQ area, and secure underground parking.
8. Spacious and well-maintained manager's residence with a private courtyard.
9. Walking distance to popular attractions such as Pacific Fair Shopping Centre, The Star Casino, and the G:link light rail.
10. Surrounded by award-winning dining, nightlife, and entertainment options.
11. High demand from events such as the Blues on Broadbeach and Groundwater Country Music Festival.
12. Potential for growth and increased profits through proactive management and marketing strategies.
Management Rights Multiplier: 4.31
ROI Estimate: 23.18%