Key Investment Insights
1. High profitability with an impressive net profit exceeding $190,000 and a competitive salary of $87,000.
2. Prime location in Urangan, Hervey Bay, with easy access to popular attractions such as botanical gardens, cafes, and the historic Urangan Pier.
3. Convenient beach access, only 450 meters away, providing fun-filled activities for both owners and guests.
4. Comprehensive security measures in place, including security cameras throughout the complex, ensuring safety and peace of mind.
5. Flexible operations with an office on title, enhancing operational efficiency.
6. The resort offers a range of fantastic amenities, including Hervey Bay's only swim-up bar, a tennis court, heated magnesium pool, and a games room.
7. Long-term agreements in place, including a recently approved top-up, ensuring stability for new owners.
8. The manager's unit is an exceptional three-bedroom, two-bathroom apartment with a private courtyard, providing a personal oasis for the owners.
9. The complex has a total of 48 units, with 17 units in the letting pool and 30 owner-occupied units.
10. The agreement term is 25 years, with 24 years remaining, providing long-term security for new owners.
Management Rights Multiplier: 2.97
ROI Estimate: 33.63%