Key Investment Insights
AI generated. Confirm details with the seller.
Key Insights:
1. The business for sale includes the manager's residence and associated management rights of a property in Palm Beach, a rapidly growing suburb in the Southern Gold Coast.
2. This is a great opportunity for someone to earn extra income with minimal work while living in a beautiful location.
3. The current owners only work approximately 10 hours per week, making this an easy-to-run complex.
4. While there are currently no units in the letting pool, there is potential to grow the business by securing units from outside agents and lockups.
5. The manager's residence is a 2 bedroom, 2 bathroom apartment with ocean views, located only 50 metres from the beach and within walking distance to shops, cafes, and restaurants.
6. The complex is located in a fantastic location, making it a desirable place to live and work.
7. The business is currently caretaking only, but there is potential for the new owner to expand and increase income.
8. The current owners are looking to sell, making this a time-sensitive opportunity.
9. The complex is in a popular tourist destination, making it a potentially profitable investment.
10. The business is ideal for someone looking to supplement their existing income or enjoy semi-retirement in a beautiful location.