Key Investment Insights
1. Prime location in Broadbeach, with easy access to all local attractions and amenities.
2. Flexible rental mix of holiday and permanent rentals, providing potential for steady income.
3. Strong Body Corporate salary of almost $100,000.
4. High percentage of investor owners, providing stability and potential for growth.
5. Welcoming office on title and ample storage space.
6. Secure Accommodation module and long Agreement, providing stability and security for the business.
7. Immaculate 2 bedroom, 2 bathroom apartment included in the sale.
8. Priced competitively for a quick sale.
9. Fully renovated and modern apartment with air conditioning and 2 car spaces.
10. Holiday complex with a total of 47 units, 28 of which are in the letting pool.
11. Onsite facilities including pool, spa, games room, BBQ area, pay TV, and WIFI.
12. Long remaining Agreement term of 17 years.
13. Potential for growth and increased income through marketing and management strategies.
14. Pet-friendly complex.
15. Potential for owner-occupiers to live on site.
16. Strong demand for holiday accommodation in the area.
17. Close proximity to public transportation and major roads.
18. Low maintenance and easy to manage business.
19. Strong relationships with local suppliers and service providers.
20. Opportunity for a new owner to take over a well-established and successful business.
Management Rights Multiplier: 4.80
ROI Estimate: 20.81%