Key Investment Insights
Key Insights:
1. Profitable business with a net profit of over $323k and an impressive 15.5% ROI.
2. CPI increase in January bringing the Body Corporate salary to $136k and a newly approved Top-Up extending agreements to a secure 21.5 years, providing financial stability and long-term security.
3. Solid income base with 37 apartments, including 24 holiday lets, ensuring a steady income stream with room for growth.
4. Resort appeal with amenities such as a sparkling inground pool, tennis court, and spacious, modern apartments, all set against a backdrop of stunning coastal vistas.
5. Manager's living quarters with a comfortable and well-appointed 3-bedroom, 1.5-bathroom unit with an attached office on title, offering convenience and direct access to the business.
6. Island paradise location with stunning views, whale watching, and a laid-back lifestyle, attracting returning families year after year and making it a reliable and rewarding investment.
7. Rare opportunity for investors, management groups, or individuals seeking a profitable venture in a dream location.
8. Managers unit valued at $875,000 and complex information including a resort/holiday complex with a total of 37 units, 24 in the letting pool, and a 25-year agreement term with 21 years remaining.
Management Rights Multiplier: 3.47
ROI Estimate: 28.82%
