Key Investment Insights
1. Prime location: The complex is situated just meters from the iconic Bulcock Beach, making it an attractive hotspot for holidaymakers.
2. High occupancy rates: With 11 apartments currently generating income in the lucrative letting pool and one more set to join in February, the complex has a strong track record of high occupancy rates.
3. Well-designed apartments: Each two-bedroom apartment is thoughtfully designed for ultimate comfort and convenience, with well-equipped kitchens, air conditioning, and ceiling fans.
4. Serene atmosphere: The complex is surrounded by beautiful tropical gardens, creating a serene oasis highlighted by a heated pool and spa, perfect for guests to unwind and embrace the Sunshine Coast lifestyle.
5. Accommodation Module agreement: The property comes with an Accommodation Module agreement, making management smooth and providing invaluable peace of mind.
6. Manager's residence option: For those seeking an active role in management, there is an enticing option to purchase the Manager's residence, perfect for those eager to oversee their investment directly.
7. Proximity to popular destinations: The complex is conveniently located near the newly developed multi-million dollar 'Waterfront' boardwalk and the adjacent Kings Beach, both popular destinations that draw visitors back time and again.
8. Strong net profit: With a robust net profit of $146,181, this holiday complex offers a lucrative investment opportunity for savvy investors.
9. Affordable asking price: The asking price of just $1,170,000 makes this complex an attractive investment opportunity in the thriving Sunshine Coast real estate market.
10. Experienced specialists: The sale is managed by Ras360, specialists in Motels, Hotels, Pubs, Parks, and Management Rights, providing expert guidance and support throughout the purchasing process.
Management Rights Multiplier: 3.28
ROI Estimate: 30.45%
