Key Investment Insights
1. Prime location in the heart of Redcliffe, with easy access to restaurants, cafes, and the waterfront.
2. Management agreement in place for 25 years, with 22 years remaining.
3. Potential to convert the manager's unit into a dual-key setup for additional income.
4. Nett profit of $322,000.
5. Business price of $1.41 million at 4.33x multiplier.
6. Unit price of $880,000.
7. Total price of $2.29 million.
8. Fantastic guest amenities, including a swimming pool, fitness centre, BBQ area, and secure parking.
9. Low-maintenance gardens create a relaxed atmosphere.
10. Conference room with private courtyard offers potential for additional revenue.
11. Priced for a quick sale due to current owners focusing on other ventures.
12. Exceptional value and opportunity for investors or those looking for a new hospitality project.
13. Specialists in management rights, motels, hotels, pubs, and parks.
14. Manager's unit valued at $880,000 with 3 bedrooms, 2 bathrooms, and parking for 2 cars.
15. Complex consists of 40 units and is of the permanent type.
16. Agreement term of 25 years with 22 years remaining.
Management Rights Multiplier: 4.38
ROI Estimate: 22.84%
