Key Investment Insights
1. Prime location, situated seconds from Four Mile Beach in exclusive Port Douglas.
2. No requirement for owner occupiers or to live on site, allowing for flexibility and lifestyle choices.
3. Good body corporate salary and long agreements.
4. Recent Trip Advisor Awards in 2018 and 2019.
5. Opportunity to live and work in a tropical paradise.
6. Spacious 2 bedroom manager's apartment with separate entrance.
7. Complex is primarily holiday units with some lockup units.
8. Agreement module is Accommodation with a remaining term of 22 years.
9. On-site amenities include a pool, BBQ area, and WIFI.
10. Potential for growth and expansion in the holiday rental market.
Management Rights Multiplier: 4.10
ROI Estimate: 24.39%