Key Investment Insights
1. Prime location across from the world-famous Burleigh Beach, one of the most sought-after destinations on the Gold Coast.
2. Recently upgraded building with 44 apartments, 19 of which are in the letting pool.
3. Beautifully renovated 2-bedroom, 2-bathroom ground floor Managers' Apartment.
4. Excellent systems in place, with around 60% of guests booking direct and strong forward bookings.
5. Rated number 1 accommodation on Trip Advisor in Burleigh Heads.
6. Quality 2- & 3-Bedroom apartments in the letting pool.
7. Net profit of $430,000+.
8. No set office hours.
9. Strong repeat bookings.
10. Manager-friendly Management Agreements and supportive BC committee.
11. Close proximity to cafes, restaurants, shops, and other amenities.
12. Only a 15-minute drive from Gold Coast Airport.
13. Light rail connection under construction to provide easy access to Surfers Paradise and other areas.
14. Renowned for its beautiful beaches, famous surf break, and stunning views of the Gold Coast.
15. Fully renovated 2-bedroom, 2-bathroom Manager's Apartment with private courtyard and direct access to reception/office.
16. Complex information: 44 units in total, 19 in the letting pool, with a mix of owner-occupied, outside agent, lockup, and manager units.
17. Agreement module: Standard, with a 10-year term.
18. Additional amenities include a pool and WIFI.
Management Rights Multiplier: 4.41
ROI Estimate: 22.68%