FREEHOLD - IDEAL TO SELL OFF LEASE. - 18% YIELD

Key Investment Insights

1. The property is currently performing well under management, indicating potential for even higher profits with hands-on owner/operator involvement.

2. The property has a high adjusted profit of $202,585 and a strong turnover of $313,915 in 2019.

3. The 25 units have a 3.5 star rating, indicating a high level of customer satisfaction and potential for increased revenue with improvements and upgrades.

4. The large renovated residence with 2 bedrooms, lounge, family room, and ample storage provides comfortable living for the owner/operator.

5. The property has a large 14.5 Kw solar system, potentially reducing operating costs and increasing profitability.

6. The well-equipped kitchen allows for efficient and cost-effective food preparation for guests.

7. Tariffs range from $95 to $160, providing a diverse range of options for guests and potential for increased revenue.

8. The property has potential for growth through better utilization of search engines and the creation of a website, as it currently does not have one.

9. The property has a high yield of 18%, making it an attractive investment opportunity for potential buyers.

10. The property is an ideal starter for a new owner/operator, providing a solid foundation for a successful hospitality business.