Key Investment Insights
AI generated. Confirm details with the seller.
1. High performing management rights business priced at $2.55 million, with stated net profit of $472,917 and 25% ROI.
2. The business includes a $104,323 Body Corporate salary, reviewed annually against CPI.
3. Long term security is provided through 23 years remaining on the management agreements.
4. The holiday letting pool comprises 28 apartments within a 40 unit complex, supported by repeat clientele and year round tourism demand.
5. Prime absolute beachfront position at Trinity Beach offers direct beach access, ocean views and an appealing coastal lifestyle.
6. Recently refurbished two bedroom, two bathroom, 111 square metre manager’s residence includes patio access to garden areas.
7. Office and reception are on title, with an additional manager’s office located in the second building.
8. Complex facilities include a swimming pool, spa, barbecue area, pay television and WiFi.
9. The established operation includes a manager’s residence, eight owner occupied units, three outside agent units and one lockup unit.
10. Pets are permitted, adding flexibility for incoming onsite managers.