Key Investment Insights
1. Ideal location: The management rights are located just 170 meters from the beach and next to a tranquil park, providing a desirable work-life balance for the new owner.
2. Low maintenance: The complex has minimal workload, with only a small strip of grass to mow and easy to maintain gardens.
3. Amenities: The complex features amenities including a pool, spa, sauna, and BBQ area for guests to enjoy.
4. Strong relationship with Body Corporate: The current managers have a strong relationship with the Body Corporate and have just received a 5-year top-up on the agreements, providing stability and security for the new owner.
5. Spacious manager's residence: The manager's residence includes two bedrooms, two bathrooms, two parking spaces, a large private courtyard, and an adjoining office, providing both comfort and convenience.
6. Affordable price: This management rights opportunity offers a coveted beachside lifestyle at an affordable price.
7. Net Profit: The business has a solid net profit of $127,493, providing a steady income for the new owner.
8. Long agreements: The agreements have a remaining term of 23 years, providing long-term security and stability for the new owner.
9. Holiday complex: The complex is a holiday complex, providing the opportunity for higher rental returns and potential for growth.
10. Pet-friendly: The manager's residence is pet-friendly, allowing the new owner to bring their furry friends with them.
11. Combination of business and lifestyle: This management rights opportunity allows for a perfect combination of business and beachside living, providing a desirable lifestyle for the new owner.
12. Close to amenities: The complex is located within easy reach of Broadbeach's lively dining and entertainment options, Pacific Fair Shopping Centre, the G: Link tram, The Convention Centre, and The Star Casino.
Management Rights Multiplier: 3.14
ROI Estimate: 31.87%