Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $651,659, indicating strong cashflow and profitability.
2. Substantial body corporate salary of $348,496 included, providing predictable, contract-backed remuneration.
3. Long-term security with 23 years remaining on a 25-year accommodation agreement.
4. Business value listed at $3,900,000, enabling assessment of multiple and return on investment.
5. Managers apartment included on title, 2 bedrooms, 2 bathrooms, 1 car space, office on title, valued at $1,200,000.
6. Letting pool of 45 units within a 144-unit complex, split 23 holiday and 22 permanent, supplying diversified revenue streams.
7. High owner-occupier presence of 77 units and 20 outside agent units, suggesting reduced competition for pool inventory.
8. Allocation of over $60,000 in the figures to support enhanced staffing such as front office or maintenance, allowing scalable operations.
9. Body corporate funds weekly garden maintenance, lowering onsite operating costs for managers.
10. CPI annual review on body corporate salary, offering inflation-linked income protection.
11. Proactive, cooperative Body Corporate and established efficient systems, facilitating a smooth handover to incoming managers.
12. Premium resort facilities including indoor and outdoor pools, two spas, gym, sauna, multiple BBQ and entertainment areas, enhancing market appeal and occupancy potential.
Management Rights Multiplier: 5.98
ROI Estimate: 12.78%
