Key Investment Insights
AI generated. Confirm details with the seller.
1. Established letting pool of 47 units supports proven income and immediate cash flow.
2. Onsite management agreement has 22 years remaining, providing long term operational security.
3. Reported net profit of $320,262, with $189,429 remuneration or body corporate salary.
4. Includes a four bedroom, two bathroom managers’ apartment with two car spaces.
5. Experienced onsite team, operational manuals and streamlined procedures support a smooth handover.
6. Included infrastructure comprises Resly booking system, phone systems, booking systems, guest database and supplier contracts.
7. Coastal location offers walking access to beaches, cafes and local amenities.
8. Versatile accommodation mix attracts families, couples and corporate guests, supported by strong guest reviews.
9. Additional revenue streams include housekeeping, key collection and guest services.
10. Identified growth avenues include digital marketing, OTA optimisation, corporate packages, curated tours and transfer partnerships.
Management Rights Multiplier: 5.11
ROI Estimate: 12.34%