Key Investment Insights
1. Prime location near the Broadwater and with easy access to Surfers Paradise
2. Manager's unit with no set office hours and a spacious 2-bedroom layout
3. Profitable investment with a net profit of over $240,000
4. Family-friendly business catering to vacationing families
5. Opportunity to own a piece of paradise on the Gold Coast
6. Manager's real estate included in the asking price
7. Well-presented and air-conditioned residence with balcony and large patio area
8. Mixed complex with 42 units, 22 in the letting pool and 19 owner-occupied
9. Long 20-year agreement term with 18 years remaining
10. On-site amenities such as a pool, spa, BBQ area, and WIFI.
Management Rights Multiplier: 4.09
ROI Estimate: 24.46%