Key Investment Insights
1. Well-presented and highly profitable beachfront property.
2. Comprised of two, three, and four bedroom apartments with high-quality fittings.
3. Prime beachfront location with impressive street appeal.
4. Excellent business with strong profitability.
5. Office on title and new agreements in place.
6. Very good body corporate salary with annual CPI review.
7. Manager's apartment valued at $725,000.
8. Spacious and well-appointed manager's apartment with private patio.
9. Complex is a holiday type with 24 units in total and 22 in the letting pool.
10. 25-year agreement with 24 years remaining.
11. Facilities include a pool, spa, BBQ area, pay TV, and WIFI.
12. Perfect opportunity to live the tropical dream.
Management Rights Multiplier: 4.61
ROI Estimate: 21.68%