Key Investment Insights
AI generated. Confirm details with the seller.
1. Absolute beachfront Southern Gold Coast location with ocean views from every unit and direct beach access.
2. Established holiday and permanent letting operation generating reported net income of $240,063.
3. Management rights include a sought after three bedroom, two bathroom managers apartment with two car spaces and ocean views.
4. Well maintained complex amenities include a swimming pool, spa, barbecue area, secure underground parking and WiFi.
5. Caretaking duties are described as easy, supporting a lifestyle oriented management operation.
6. The letting pool comprises 16 of 42 units, with potential to expand according to the listing.
7. The agreement has 19 years remaining under the accommodation module, with annual CPI body corporate salary review.
8. Tugun offers access to local cafes, schools, the M1, Gold Coast Airport and surrounding Southern Gold Coast beaches.
Management Rights Multiplier: 3.33
ROI Estimate: 12.98%