Key Investment Insights
1. Lucrative opportunity with a substantial Body Corporate salary and enviable coastal lifestyle.
2. Beautifully designed and meticulously maintained resort with outstanding facilities.
3. Short drive to a patrolled surf beach, offering a range of activities and relaxation.
4. Brand new agreements in place with no requirement to live onsite, providing flexibility for managers.
5. Manager's unit currently rented for $550 per week, providing immediate income and financial stability.
6. Fantastic ROI of 14%.
7. Opportunity to build a thriving business in a picturesque and rewarding environment.
8. Specialists in Motels, Hotels, Pubs, Parks, and Management Rights.
9. Business Snapshot: Price of $1,066,500 MR + Unit $632,500K = $1,699M, Net Profit of $237,095, and Remuneration/Body Corp Salary of $202,166.
10. Manager's unit has a value of $632,500, 2 bedrooms, 2 bathrooms, and 2 car spaces.
11. Complex information: Permanent complex with 123 total units, 26 units in the letting pool, 82 owner-occupied units, and 15 units managed by outside agents.
12. Agreement term of 25 years with 24 years remaining.
Management Rights Multiplier: 4.50
ROI Estimate: 22.23%