Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported net profit of $557,000, with a total asking price of $3.65 million including management rights and the manager’s residence.
2. Absolute beachfront Tugun location offers direct beach access with no roads to cross.
3. Supportive body corporate, 21 years remaining on management agreements and annual body corporate remuneration of $115,928.
4. Established letting pool of 43 units within a 74 unit complex, supported by strong repeat clientele.
5. Immaculately presented manager’s residence includes three bedrooms, two bathrooms, one car space, views and privacy.
6. Beautifully maintained complex facilities and flexible workload support an appealing lifestyle business.
7. Current onsite management team may wish to remain, potentially supporting remote ownership and a seamless transition.
8. Identified growth opportunities include marketing, dynamic rate management and greater owner involvement.
9. Close to the airport, public transport, local attractions, cafes and bars.