Key Investment Insights
1. Rare opportunity to own a thriving management rights business in a prime beachfront location.
2. Strong occupancy rates and consistent bookings.
3. Solid reputation for excellent service.
4. Long remaining agreement of 19.5 years.
5. Potential to increase net profit by securing 9 lock up apartments back into the letting pool.
6. Amenities include a heated outdoor pool and BBQ areas.
7. Spacious renovated manager's residence with 3 bedrooms, 2 bathrooms, and stunning beach views.
8. Direct beach access and the perks of working where others vacation.
9. Capitalizing on the region's growing tourism demand.
10. Net profit of $520k per annum.
11. Price of $4,600,000 includes the business and the manager's apartment.
12. Manager's apartment valued at $1,600,000.
13. Complex information includes 33 units, 20 in the letting pool, and 1 manager's unit.
14. Agreement module is accommodation with a term of 20 years.
15. Pool and BBQ area available for guests.
Management Rights Multiplier: 5.77
ROI Estimate: 17.33%