Key Investment Insights
AI generated. Confirm details with the seller.
1. The business is a secure 3.5 star complex consisting of 40 x 1 bedroom and studio apartments.
2. There are 12 apartments in the letting pool, with 9 being holiday rentals and 3 being permanent rentals.
3. The complex features well-maintained gardens, a resort pool, and a BBQ area for guests to enjoy.
4. The office is included in the sale and is used to service guests.
5. The hours for the business are flexible, with the manager only required to be contacted during contracted caretaking hours.
6. The body corporate salary is $63,912 inclusive of GST.
7. The business is located in the heart of Trinity Beach, within walking distance to restaurants, cafes, and shops.
8. The manager's villa is a 3 bedroom, 1 bathroom unit with a great alfresco area.
9. The business is highly regarded as one of the top accommodation options in the Trinity Beach area.
10. The sale price is a multiple of 1.1, making it an excellent buying opportunity.