Key Investment Insights
AI generated. Confirm details with the seller.
1. Generates $150,000 net profit with an advertised return approaching 40% and a 2.6 times multiplier.
2. Includes a $1.2 million renovated manager’s residence with two bedrooms, two bathrooms, office and private outdoor entertaining area.
3. Receives a $67,855 body corporate salary, reviewed annually in line with CPI.
4. Established letting business operates within an 18 unit holiday complex, with eight units in the letting pool.
5. The management rights agreement has 16 years remaining from its 25 year term.
6. Low maintenance grounds and a meticulously presented complex support manageable day to day operations.
7. Located a short stroll from Sunshine Beach, with cafés, restaurants, wine bars and boutiques nearby.
8. Noosa National Park and Hastings Street are only minutes away, adding lifestyle appeal to the Sunshine Beach location.
9. On site facilities include a pool, spa, BBQ area, pay TV and WiFi.
10. The residence includes one car space, is pet friendly and offers a substantial private outdoor area.
Management Rights Multiplier: 2.60
ROI Estimate: 9.43%