Key Investment Insights
1. Luxurious and elegant permanent complex in a highly sought-after location.
2. 5-star facilities and professional presentation.
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.
8. Complex type is permanent with a total of 101 units.
9. 12 units in the letting pool, 73 owner-occupied units, and 5 units managed by outside agents.
10. Indoor pool, sauna, games room, BBQ area, WIFI, function facilities, and marina berth available for residents.
11. Potential for additional income through managing outside agent units.
12. Perfect opportunity for a buyer looking for a glamorous and luxurious lifestyle while earning a substantial income.
Management Rights Multiplier: 4.32
ROI Estimate: 23.16%