Key Investment Insights
1. Highly profitable holiday resort complex with a large net income of $733,000.
2. Superb location with direct access to patrolled beach and close proximity to Maroochy river, parks, and other major attractions.
3. Wide range of facilities including two heated pools, spas, children's wading pool, sauna, and tennis court.
4. Secure undercover parking, BBQ facilities, tour desk, and private walkway to the beach.
5. Lift access to all floors, security intercom, and free cable TV.
6. Onsite managers and staff provide friendly service.
7. Lush tropical gardens add to the resort's appeal.
8. Two separate high-rise towers with well-appointed and comfortable accommodation options.
9. Centrally positioned, allowing guests to easily access nearby areas such as Alexandra Headland, Mooloolaba, Cotton Tree, and Maroochydore.
10. Strong repeat guest following due to the location, facilities, and amenities provided.
11. Managers apartment is renovated and spacious with 3 bedrooms, 2 bathrooms, and 3 car parks.
12. Complex is a holiday type with 106 units, 54 in the letting pool, and 40 owner-occupied units.
13. Long 25-year agreement term.
14. Additional facilities include a pool, spa, sauna, tennis court, BBQ area, pay TV, and WIFI.
15. Pets are allowed in the managers apartment.
Management Rights Multiplier: 5.80
ROI Estimate: 17.25%