Key Investment Insights
1. Luxurious and elegant permanent complex in a highly sought after location.
2. 5-star facilities and amenities presented in a professional and inviting manner.
3. Potential for substantial income for an astute buyer.
4. Manager's apartment situated on the 3rd floor with stunning views of the Broadwater and Wavebreak Island.
5. Two ensuited bedrooms, spacious lounge, separate dining room, and well-appointed kitchen with high-quality finishes.
6. Manager's apartment valued at $800,000.
7. On-site office included in the sale.
8. Complex type is permanent with a total of 101 units.
9. 12 units in the letting pool, all permanent.
10. Majority of units are owner-occupied, providing stability for the complex.
11. Outside agent units make up only 5 of the total units.
12. Impressive amenities including an indoor pool, sauna, games room, BBQ area, and function facilities.
13. Additional features such as WIFI and a marina berth.
14. Potential for growth and increased income with effective management.
Management Rights Multiplier: 4.32
ROI Estimate: 23.16%