Key Investment Insights
1. Highly desirable beachfront location with stunning ocean views.
2. Recently completed major building works, ensuring the complex is in top condition.
3. Flexible work schedule with no set office hours.
4. Excellent facilities, including pool, spa, sauna, gym, and tennis court.
5. Strong repeat business from loyal guests who return year after year.
6. Walking distance to popular cafes and restaurants.
7. High net profit of $518,503.
8. Managers unit valued at $990,000.
9. Large complex with 62 units, 30 of which are in the letting pool.
10. Standard agreement module with a 10-year term.
11. Additional income potential through outside agent units and lockup units.
12. On-site office included in the managers unit.
13. Body corporate salary review annually.
14. Great opportunity for a new owner to build on the success of the business.
Management Rights Multiplier: 3.68
ROI Estimate: 27.15%