Key Investment Insights
- Stunning ocean views from every apartment, making it a highly desirable holiday destination.
- Spacious and well-maintained manager's unit with 3 bedrooms and 2 bathrooms.
- Long agreements with 24 years remaining, providing stability and security for the business.
- Strong net profit of $382,740, with potential for further growth.
- Supportive committee, making it easier to manage the complex.
- Easy care grounds, reducing maintenance costs and time.
- On-site facilities including a pool, spa, and pay TV, adding value to the complex.
- Excellent potential to increase the net income through various strategies such as increasing occupancy rates and implementing additional services.
- Located in a highly sought-after area on the Sunshine Coast, with a strong tourism market.
- Manager's office and back office are spacious and well-equipped, making it easier to manage the complex.
- Manager's apartment is valued at $830,000, providing an additional source of income for the manager.
- Opportunity to live and work in a stunning beachfront location, with a relaxed and laid-back lifestyle.
- Limited competition in the area, providing a strong market for the complex.
- Strong financial performance and long-term agreements make this an attractive investment opportunity for buyers.
- Potential for future capital growth in the property market on the Sunshine Coast.
- Highly experienced and supportive staff, making it easier for the new owner to transition into the business.
- Proximity to popular tourist attractions and amenities, making it a desirable location for holidaymakers.
- Strong online presence and positive reviews, attracting a steady stream of bookings and repeat customers.
- Opportunity to add value to the complex through renovations and upgrades, increasing its appeal to potential guests.
- Well-established and reputable business, with a loyal customer base and strong brand recognition.
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Management Rights Multiplier: 5.50
ROI Estimate: 18.18%
