Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $472,917, including a $104,323 Body Corporate salary, with a stated 3.9 times multiplier and 25% ROI.
2. Established holiday letting pool comprises 28 apartments within a 40 unit complex, supporting an existing operating base.
3. Direct beachfront position at Trinity Beach offers ocean views, beach access and a highly appealing Tropical North Queensland lifestyle.
4. Agreement has 23 years remaining, providing long term operational security for incoming owners.
5. Recently refurbished two bedroom, two bathroom, 111 square metre manager’s residence includes garden patio access.
6. Residence includes an office and reception on title, plus a second manager’s office in another building.
7. Complex amenities include a swimming pool, spa, BBQ area, pay TV and WiFi.
8. CPI annual reviews apply to the Body Corporate salary, supporting scheduled remuneration adjustments.
9. Pets are permitted, and the manager’s residence includes one car space.