Key Investment Insights
AI generated. Confirm details with the seller.
1. Absolute beachfront Surfers Paradise location, high appeal for holiday accommodation and tenant demand.
2. Business-only sale, no real estate purchase required, lower capital outlay compared with combined sales.
3. No requirement to reside onsite, enabling owner to maintain current residence or manage remotely.
4. Flexible business model with no set office hours, suitable for part-time operation or portfolio add-on.
5. Attractive approximate return on investment of 18%, clear financial upside.
6. Net profit circa $120,000 per annum, providing a solid earnings base against the $648,000 asking price.
7. Long-term security with a 25-year agreement originally and around 20 years remaining on the accommodation module.
8. Guaranteed Body Corporate salary of $81,501 plus GST, providing a reliable income stream with a scheduled increase forthcoming.
9. Simple, low-maintenance caretaking duties including pool maintenance, light gardening, cleaning and general upkeep, reducing operational complexity.
10. Current letting pool of 12 of 35 units with 10 external agents, indicating immediate income plus clear growth potential by expanding the letting pool.
11. Onsite amenities including pool, spa, tennis court and BBQ area, plus four lockup units and nine owner-occupy units, enhancing guest appeal and ancillary income opportunities.