Key Investment Insights
1. The resort is in a prime location, being absolute beachfront, which offers a unique selling point for potential guests.
2. The business offers a great lifestyle for the owner, with the opportunity to live and work in paradise.
3. The tropical palm tree lined driveway adds to the overall appeal and atmosphere of the resort.
4. Direct beach access and ocean views are highly desirable features for guests, making the resort a popular choice for vacationers.
5. The property has potential for expansion and growth, with the former restaurant and conference room able to be converted into more lettable units.
6. The financials show a strong net income and remuneration for the owner, making this a profitable business opportunity.
7. The manager's unit is a spacious 3 bedroom apartment, with an additional self-contained unit that can be let out for extra income.
8. The letting rights include a 25 year agreement term, providing stability and security for the business.
9. The resort offers a range of facilities such as direct beach access, swimming pools, spa, and a tennis court, making it an attractive option for guests.
10. The reception/office being on title adds convenience for the manager and streamlines operations.
Management Rights Multiplier: 3.04
ROI Estimate: 32.93%