Key Investment Insights
1. Prime location on the Esplanade in Mooloolaba with oceanfront views.
2. First class facilities with 8 spacious apartments in the holiday letting pool.
3. Luxurious 2 bedroom, 2 bathroom manager's residence with high-end finishes.
4. Additional amenities include a security car space, office, and no set office hours.
5. Net profit of $220,000 and remuneration/body corp salary of $56,041.
6. Manager's real estate included in the sale.
7. Exclusive management rights brokers handling the sale.
8. Manager's unit valued at $945,000 with high-end features such as ducted air conditioning and high ceilings.
9. Complex type is holiday with a total of 24 units, 10 of which are in the letting pool.
10. Agreement module is accommodation with 17 years remaining on the 25-year term.
11. On-site amenities include a pool, spa, sauna, and gym.
12. Additional features include WIFI and lockup units.
13. Expressing interest and qualified purchasers can schedule inspections by appointment only.
Management Rights Multiplier: 5.10
ROI Estimate: 19.61%