Key Investment Insights
AI generated. Confirm details with the seller.
1. Rare low maintenance management rights opportunity with no requirement to live onsite and no fixed office hours.
2. Prime Esplanade oceanfront position at Golden Beach, close to beaches, village shops, cafés, dining and recreational pathways.
3. New 25 year agreements provide long term tenure, supported by a reliable body corporate salary of $41,784.
4. Proven net profit of $94,108 from a small scale letting pool comprising six of sixteen complex units.
5. Operations are designed for a flexible 1 to 1.5 person team, suiting first time managers, semi retired couples or portfolio acquirers.
6. Renovated two bedroom, two bathroom manager’s residence includes a separate titled office and may provide leasing flexibility.
7. Resort infrastructure includes a heated pool, secure garage with lift access, landscaped grounds and nearby beachfront parks with BBQ facilities.
8. Strong repeat bookings, spacious holiday apartments and a prime waterfront outlook support the established accommodation offering.
Management Rights Multiplier: 3.19
ROI Estimate: 10.12%