Key Investment Insights
1. Exclusive 4.5 star beachfront resort on Port Douglas (Four Mile) Beach.
2. Average tariff of $422 per night reflects the high standard of the property.
3. Excellent resort facilities and well-maintained property.
4. Manager's apartment is a large two bedroom, two bathroom unit with reception and office on title.
5. Guest accommodations consist of 2 and 3 bedroom apartments, all with 2 bathrooms and views.
6. Tropical gardens, exclusive beach access, and full resort features make this property stand out.
7. High business security with 95% of units in the letting pool.
8. 20 years remaining on agreements with a 5 year top-up in November.
9. Top salary of $123,000.
10. Managers apartment valued at $850,000.
11. Complex is a holiday type with a 4.5 star rating.
12. Total of 42 units in the complex, with 39 in the letting pool and 2 outside agent units.
13. Agreement module is accommodation with a term of 25 years and 20 years remaining.
14. Property features a pool, spa, tennis court, BBQ area, and WIFI.
Management Rights Multiplier: 5.06
ROI Estimate: 19.77%