Key Investment Insights
1. Neat and well-maintained building in a great location.
2. 4.5 star holiday apartments with 2 and 3 bedrooms, located near Four Mile Beach and Macrossan Street.
3. Opportunity for a tropical lifestyle in sought-after Port Douglas.
4. Easily maintained grounds and pool.
5. Long agreements and elegant 2 bedroom/2 bathroom managers apartment with courtyard and office on title.
6. Price of $870,000 with a net profit of $141,971 and a remuneration/body corp salary of $52,433.
7. Managers apartment valued at $425,000 with 2 bedrooms, 2 bathrooms, and a private courtyard.
8. Complex is a holiday type with 16 units and 14 units in the letting pool.
9. Agreement module is accommodation with a term of 25 years and 21 years remaining.
10. Amenities include a pool, BBQ area, and WIFI.
Management Rights Multiplier: 3.13
ROI Estimate: 31.90%