Key Investment Insights
1. Prime beachfront location with direct beach access – perfect for holidaymakers!
2. 91 lots with 29 in the letting pool (28 holiday & 1 permanent)
3. Fully equipped 1, 2, and 3 bedroom holiday apartments with ocean views and balconies
4. Resort-style amenities including: Heated swimming pool, children’s slide, spa, sauna, floodlit tennis court, games room, BBQ areas for guests to enjoy and low maintenance gardens
5. Secure underground car parking and lifts for easy access
6. Spacious 2 bedroom Manager’s apartment with a large patio and ocean views for ultimate relaxation
7. Exclusive use reception and two back office areas facilitate an efficient working environment
8. Net Profit: $421,197
9. Asking Price: $3,050,000
10. (Inclusive of Manager's Real Estate)
Management Rights Multiplier: 5.10
ROI Estimate: 19.59%