Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported net profit of $472,917, including $104,323 Body Corporate salary, with a stated 29% return on investment.
2. Purchase price of $2,275,000 and business value of $1,655,000 represent a stated 3.5 times multiplier.
3. Beachfront Trinity Beach location offers direct beach access, ocean views and a highly appealing coastal lifestyle.
4. Established holiday letting pool comprises 28 apartments within a 41 unit complex.
5. Twenty four years remain on the accommodation agreements, providing extended operating tenure for incoming owners.
6. Recently refurbished two bedroom, two bathroom 111m² manager’s residence includes garden patio access, one car space and pets permitted.
7. Office and reception are on title, with a second office available for managers’ use in another building.
8. Complex facilities include a pool, spa, BBQ area, pay television and WiFi.
9. The business benefits from repeat clientele and stated year round tourism demand.