Key Investment Insights
1. Prime location along the scenic Nerang River in Surfers Paradise
2. Mix of fully self-contained two-bedroom apartments across permanent and holiday letting pools
3. Minimal office hours of just Monday to Friday from 9:30am to 12:00pm
4. Resort-style facilities including outdoor swimming pool and spa, indoor spas, sauna, fully equipped gym, BBQ area, and marina with boat ramp
5. Supportive Body Corporate with a proven track record of approving agreement top-ups
6. Manager's residence is a comfortable ground-floor apartment with 2 bedrooms, 1 bathroom, and two private courtyards
7. Ideal business for a solo operator or couple seeking a low-maintenance, lifestyle-focused opportunity
8. Net profit of $205,559
9. Manager's apartment valued at $750,000
10. Complex type is holiday with a total of 64 units, 16 in the letting pool, and 44 owner-occupied units
11. Agreement module is standard with a remaining term of 8.5 years
12. Resort-style amenities include pool, spa, sauna, gym, BBQ area, and marina berth.
Management Rights Multiplier: 3.89
ROI Estimate: 25.69%