Key Investment Insights
AI generated. Confirm details with the seller.
1. Compact complex situated in a prime vacation area just minutes from the beach.
2. Features a lovely swimming pool and barbecue area, perfect for relaxation and socializing.
3. Long term agreement with no need to reside on site and no real estate to purchase.
4. Business has a net profit of $71,800 and a remuneration/body corp salary of $37,700.
5. Complex type is holiday with a total of 18 units, 5 of which are in the letting pool.
6. Owner occupancy units make up 9 of the total units, with 2 units being managed by outside agents and 2 lockup units.
7. Agreement module is accommodation with a term of 25 years, with 21 years remaining.
8. Amenities include a pool and BBQ area.
9. Business is under contract/offer, indicating high demand and interest.
10. Potential for growth and increased profitability with the right management and marketing strategies.