Key Investment Insights
1. Highly profitable business with a net profit of over $450,000.
2. Located in one of the most desirable locations in Kirra, Southern Gold Coast.
3. Spacious, north-facing fully self-contained apartments with breathtaking ocean views.
4. World-famous Kirra Beach surf break at the doorstep.
5. Consistent growth and strong forward bookings.
6. Excellent systems in place and well-maintained complex.
7. Recently topped up agreements with 23.5 years remaining.
8. No set office hours for managers.
9. Outstanding facilities and strong repeat guests.
10. Significant improvements made to the building.
11. Includes a fantastic ground floor managers unit.
12. Consistent performer, even during difficult periods.
13. Managers apartment valued at $775,000.
14. Body corp salary review of CPI annually.
15. Complex type is not applicable.
Management Rights Multiplier: 5.24
ROI Estimate: 19.10%