Key Investment Insights
1. Prime beachfront location in desirable Kirra, Southern Gold Coast.
2. Spacious, fully self-contained apartments with stunning ocean views.
3. Consistent growth and strong performance in the past 2 years.
4. Recently updated P&L shows the strength of the business.
5. Topped up agreements with 23.5 years remaining.
6. No set office hours for managers.
7. Outstanding facilities and strong repeat guest base.
8. Excellent improvements made to the building.
9. Ground floor managers unit with fantastic value.
10. Consistent performer, even during difficult periods.
11. Business has excellent systems in place.
12. Potential for further growth with fantastic forward bookings.
13. Managers apartment valued at $775,000.
14. Body corp salary review of CPI annually.
15. Managers office on title.
16. Complex type is not applicable.
Management Rights Multiplier: 5.24
ROI Estimate: 19.10%