Key Investment Insights
1. Prime location near popular amenities, cafes, restaurants, and sporting precincts.
2. Potential to increase letting pool and revenue.
3. Easily managed by one person with low maintenance gardens and amenities.
4. No set office hours.
5. Large manager's unit with exclusive use courtyard.
6. Ample storage areas for business and private use.
7. Supportive Body Corporate and excellent committee.
8. Just a few steps away from a beautiful beach.
9. Inspection by appointment only.
10. Includes a video tour for potential buyers.
11. Net profit of $134,432 and remuneration/Body Corp salary of $52,063.
12. Manager's apartment valued at $610,000 with 2 bedrooms, 2 bathrooms, and an office.
13. Complex type is resort/holiday with a total of 20 units.
14. 12 units in the letting pool, all of which are holiday units.
15. 6 owner-occupied units and 1 outside agent unit.
16. 25 years remaining on the agreement term.
Management Rights Multiplier: 4.02
ROI Estimate: 24.89%