Key Investment Insights
AI generated. Confirm details with the seller.
1. 150 metres to King’s Beach, strong coastal location and easy access to beachfront amenity.
2. Caretaking only model, no letting obligations and no real estate to purchase.
3. Business currently operated part time by a single person, demonstrating low staffing needs.
4. No requirement to live onsite, offering flexible work–life balance and location freedom.
5. Modern, well kept complex with heated pool, spa and BBQ area, facilitating straightforward upkeep.
6. Minimal gardening and low maintenance responsibilities, suitable for semi‑retirement.
7. No fixed office hours, enabling a flexible schedule.
8. Body corporate salary of $56,000 plus GST, with CPI annual increases, providing predictable income escalation.
9. Asking price $149,000, with net profit/remuneration of $56,000, implying a short payback for an owner‑operator.
10. Complex comprises 24 units, indicating manageable scale.
11. Agreement term originally 25 years, with 16 years remaining, offering long‑dated contract stability.
12. Positioned as a second income or lifestyle business, explicitly suited to semi‑retirement or part‑time operators.
