Key Investment Insights
1. Prime location across from Surfers Paradise beach
2. Within walking distance to the heart of the Gold Coast
3. Self-contained two bedroom apartments with stunning views
4. Secure underground parking
5. Luxurious amenities associated with a holiday resort
6. Offers a great work-life balance
7. Solid business with a spacious managers apartment
8. Net profit of $141,000
9. Remuneration/Body Corp Salary of $44,300
10. Annual CPI body corp salary review
11. Modern managers unit with a large courtyard and spa
12. Pets allowed
13. Complex type: holiday
14. 3.5 star rating
15. 24 units in complex, 13 in letting pool
16. Accommodation agreement module with 25 years remaining
17. Pool and spa facilities
18. Pay TV available
19. Other features include spa and basement parking.
Management Rights Multiplier: 4.96
ROI Estimate: 20.14%