Key Investment Insights
- The complex is located in a highly desirable area, making it an attractive investment opportunity.
- The manager's unit is modern and spacious, with a large office on title and ample parking space.
- There is potential for growth as the complex is not yet maxed out, providing room for expansion and increased profits.
- Valuations and income verification have been carried out, providing assurance for potential buyers.
- The complex consists of a mix of permanent and holiday units, providing a diverse income stream.
- The management agreement has a long term remaining, providing stability for the new owner.
- The net profit and remuneration/body corp salary are both strong, indicating a profitable and well-managed complex.
Management Rights Multiplier: 5.79
ROI Estimate: 17.28%