Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $150,000 delivers an advertised return approaching 40%, with a stated 2.6 times multiplier.
2. The $67,855 body corporate salary is reviewed annually in line with CPI.
3. The renovated manager’s residence is valued at $1.2 million and includes two bedrooms, two bathrooms, an office and private entertaining area.
4. The established letting business operates within an 18 unit holiday complex, with eight units in the letting pool.
5. Low maintenance grounds and a quality, meticulously presented complex support manageable day to day operations.
6. The management rights agreement has 16 years remaining on its 25 year term.
7. Sunshine Beach offers immediate access to a patrolled beach, village cafés, restaurants, wine bars and boutiques.
8. Noosa National Park and Hastings Street are only minutes away, enhancing the property’s coastal lifestyle appeal.
9. Complex facilities include a pool, spa, BBQ area, Pay TV and WiFi.
10. The residence includes one car space, permits pets and provides office facilities on title.
Management Rights Multiplier: 2.60
ROI Estimate: 9.43%