Key Investment Insights
Key Insights:
1. The business is currently under contract and has a high return on investment of over 16%.
2. The units have been recently renovated and are in excellent condition, making it an attractive investment opportunity.
3. The location of Peregian Beach on the Sunshine Coast is a popular tourist destination, with easy access for overseas and interstate visitors.
4. The resort has strong operational systems in place and a strong "drive market" radius, ensuring year-round business.
5. The business includes a spacious three-bedroom townhouse with an office and private courtyard, as well as a heated pool.
6. The total price for the business and unit is $1.19 million, with 21 years remaining on the accommodation module.
7. The business is managed by Ras360 Property Solutions, who specialize in motels, hotels, pubs, parks, and management rights.
Management Rights Multiplier: 2.10
ROI Estimate: 47.56%