Key Investment Insights
Key Insights:
1. 20% overall return on assets deployed, making this a highly profitable business opportunity.
2. 28 out of 40 units are currently in the holiday pool, providing a steady stream of income.
3. Full term 25 year agreement in place, expiring in 2049, providing stability and security for the buyer.
4. Gross revenue exceeds $850,000 per year, showcasing the financial success of the business.
5. Annual net profit is over $460,000, demonstrating the potential for high returns.
6. The property has received excellent ratings on popular travel websites such as Booking.com and TripAdvisor, with a ranking among the top 10% of listings in the world.
7. The rights consist of two properties with a common boundary, running as one business.
8. The property offers a variety of one, two, and three-bedroom apartments, catering to a wide market of guests and guest experiences.
9. The managers apartment is spacious and features a manicured lawn and garden with sea glimpses, providing a comfortable living space for the buyer.
10. The business can be operated by the owner or under management, offering flexibility for the buyer.
11. The net profit for the business is $468,823, making it a highly lucrative opportunity.
12. The asking price for the business is $2,275,000, including real estate and rights.
13. The managers apartment is valued at $620,000 and features two bedrooms, two bathrooms, and one car space.
14. The complex is a holiday type, with a total of 40 units, 28 of which are in the letting pool.
15. The complex offers a range of amenities, including a pool, spa, games room, BBQ area, pay TV, and WIFI.
16. The agreement term is 25 years, with 24 years remaining, providing long-term stability for the buyer.
Management Rights Multiplier: 3.53
ROI Estimate: 28.33%
