Key Investment Insights
1. Consistent income with potential for additional revenue streams.
2. Majority of units in the letting pool.
3. Close proximity to beach and local cafes.
4. Recently refurbished kitchens in apartments.
5. Spacious four bedroom residence included.
6. Supportive Body Corporate with no owner occupiers.
7. Repeat business clientele with seasonal peaks.
8. Inspection by appointment only.
9. Managers unit valued at $650,000.
10. Complex type is resort/holiday.
11. Total units in complex is 27.
12. Agreement term remaining is 8 years.
Management Rights Multiplier: 3.06
ROI Estimate: 32.69%