Key Investment Insights
1. Highly sought-after holiday destination on the Gold Coast
2. Consistently ranks as a top performer in the holiday accommodation sector
3. Generates an impressive net profit of $1.2 million annually
4. Well-established letting pool of 68 fully self-contained apartments
5. Robust expense allocation of over $312,000 for professional contractors
6. Highly attractive Body Corporate salary of $240,000
7. First-class resort facilities, including a heated pool, spa, sauna, tennis court, and BBQ area
8. Manager's residence is a beautifully renovated two-bedroom apartment with panoramic ocean views
9. Premier opportunity for an experienced operator or investor
10. Exceptional lifestyle in addition to strong business return
11. Don't miss out, call to arrange an inspection
12. Property Code: 62
13. Total price of $8,700,000
14. Remuneration/Body Corp Salary of $240,000 with annual CPI review
15. Manager's unit valued at $1,500,000
16. Complex type: Holiday
17. Total units in complex: 129
18. Total units in letting pool: 68
19. Agreement module: Standard
20. Agreement term: 10 years with 10 years remaining
21. Resort facilities include pool, spa, sauna, tennis court, and BBQ area.
Management Rights Multiplier: 6.00
ROI Estimate: 16.67%