Key Investment Insights
1. Prime location in Chevron Island, with easy access to Southport and Surfers Paradise.
2. Motivated seller who is retiring and has already purchased elsewhere.
3. Potential for growth and value-add through holiday letting to existing permanent pool.
4. Low working hours and flexible lifestyle.
5. Manager's unit is larger than other units in the complex and includes additional storage and parking.
6. Long-term caretaker and letting agreements in place until 2038.
7. Strong net operating profit of $50,853 for FY2022.
8. Ideal entry-level management rights business.
9. Potential for a second income or easy lifestyle.
10. Well-established and thriving area with small businesses, cafes, restaurants, bars, and boutiques.
11. Opportunity for a new owner to take over and continue the success of the business.
12. All information provided by the seller is accurate and reliable.
13. Manager's unit is pet-friendly.
14. Complex includes amenities such as a pool and BBQ area.
15. Agreement module is accommodation, providing stability for the business.
Management Rights Multiplier: 3.93
ROI Estimate: 25.43%