Key Investment Insights
- Family-friendly holiday complex with quiet 2 bedroom units
- Prime location only a stone's throw away from the beach
- All units have north-facing views of the pool and ocean
- Fully self-contained units with secure parking and lift access
- Within walking distance to popular tourist destinations such as Surfers Paradise and Broadbeach
- Managers unit features modern kitchen, spacious living and dining areas, and two courtyards
- Net profit of $125,600 and body corp salary of $44,500
- Managers apartment valued at $480,000
- Complex consists of 24 units, with 5 owner-occupied and 1 outside agent unit.
Management Rights Multiplier: 5.00
ROI Estimate: 20.00%