Key Investment Insights
Key Insights:
1. Centrally situated with water views, this business offers a unique waterfront living experience in the heart of Robina.
2. The complex is well-maintained and secure, with resort-style amenities including a lakefront pool and BBQ areas.
3. The managers unit is modern and practical, with 2 bedrooms, 1 bathroom, and an office.
4. The business has long-term agreements, manageable duties, and easy access to education, medical, shopping, and sporting hubs.
5. The managers unit is valued at $750,000 and pets are allowed.
6. The complex is a permanent type with 29 units and 10 in the letting pool.
7. The agreement module is accommodation with a term of 25 years and 21 years remaining.
8. The business has a net profit of $76,000 and remuneration/body corp salary of $38,000.
9. The complex also offers idyllic water views and easy access to most of what the Gold Coast has to offer.
10. An inspection can be arranged by contacting Gavin.
Management Rights Multiplier: 3.03
ROI Estimate: 33.04%