Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location in the heart of the Sunshine Coast, with stunning river and ocean views.
2. Fully self-contained apartments with modern amenities, including spa bath and fully equipped kitchen and laundry facilities.
3. Excellent storage areas for the manager, including a double lock up garage.
4. Property facilities include a lap pool, steam room, gym, pontoon and jetty, and an on-site restaurant.
5. Strong financial performance with a net profit of $316,000 and a remuneration/body corp salary of $94,214.
6. Manager's unit valued at $950,000, with 3 bedrooms, 2 bathrooms, and an exclusive use office.
7. Complex type is holiday, with a total of 71 units and 25 units in the letting pool.
8. Long agreement term of 25 years with 22 years remaining.
9. Additional amenities such as a pool, spa, sauna, and gym add value to the property.
10. Potential for growth and further development in the thriving Sunshine Coast market.
Management Rights Multiplier: 5.10
ROI Estimate: 12.34%
