Key Investment Insights
1. Prime location in a popular tourist destination with strong potential for growth.
2. Close proximity to a range of amenities and attractions, including a large retail shopping centre, eateries, and a new aged-care facility.
3. Directly opposite a popular and patrolled beach, as well as a family hotel and bowls club.
4. Husband and wife team currently operating the business.
5. Large ground floor 2 bedroom unit with a grassed courtyard, suitable for pets and entertaining.
6. 30 units in total, with 11 in the letting pool.
7. Net profit of $150,000.
8. Management rights priced at $1,225,000, with real estate priced at $675,000 and business priced at $550,000.
9. Complex includes a pool and BBQ area.
10. 10-year agreement term with 8 years remaining.
11. Potential for growth through long-term infrastructure projects and national events.
12. Ideal opportunity for those seeking a thriving business and lifestyle in a popular coastal location.
Management Rights Multiplier: 3.67
ROI Estimate: 27.27%