Key Investment Insights
1. Well-presented and conveniently located within close distance to all Port Douglas amenities.
2. Established business with a niche market.
3. High number of return guests.
4. Flexible room types, with most being in the Managers rental pool.
5. Motivated vendors and well-priced property.
6. Suitable for new entrants to the industry.
7. Charming complex with extensive landscaped gardens and attractive pool area.
8. Port Douglas experiencing a good increase in visitor numbers and record tourism numbers.
9. Opportunity to live the dream of owning a home and business in a popular tourist destination.
10. Net profit of $300,000 and remuneration/body corp salary of $43,276.
11. Managers unit valued at $400,000 and includes 2 bedrooms, 2 bathrooms, and an office.
12. Complex consists of 18 units, with 16 in the letting pool and 1 lockup unit.
13. Agreement module is accommodation with a term of 25 years and 21 years remaining.
14. Amenities include a pool, BBQ area, pay TV, and WIFI.
Management Rights Multiplier: 3.92
ROI Estimate: 25.52%