Key Investment Insights
1. The property is a well-presented, four-star beachfront property with a top location and impressive street appeal.
2. The property comprises two, three, and four-bedroom apartments, all recently upgraded and fully equipped with quality fittings.
3. The property offers flexibility for all guests and includes a two-bedroom manager's apartment.
4. The business is priced very competitively and has excellent profitability.
5. The property includes an office on title, new agreements, and a good body corporate salary.
6. The managers' apartment is spacious and well-appointed, with a private patio.
7. The complex is a holiday type with a total of 24 units, 22 of which are in the letting pool.
8. The agreement term is 25 years, with 24 years remaining.
9. The complex features a pool, spa, BBQ area, pay TV, and WIFI.
10. This is a great opportunity to live the tropical dream and own a successful business in a stunning, beachfront location.
Management Rights Multiplier: 4.61
ROI Estimate: 21.68%
