Key Investment Insights
1. Consistent performing holiday complex with 13 dual key units in the holiday pool.
2. Low maintenance grounds, resort pool, spa, and BBQ area for guests.
3. 2 bedroom, 2 bathroom, ground floor manager's residence.
4. No set hours in the agreements and positive Body Corporate.
5. Cleaners in place to allow time for lifestyle pursuits.
6. Ideal couples lifestyle business.
7. Opportunity to relocate to a quiet beachside lifestyle.
8. Good-sized renovated, ground floor manager's unit.
9. Perfect position for guests wanting to slow down and retreat from the hustle and bustle of life.
10. Potential for growth with the reopening of Dunk Island and local infrastructure improvements.
11. Net profit of $190,422.
12. Asking price of $720,000 (inclusive of manager's real estate).
13. Value of manager's apartment is $300,000.
14. 2 bedrooms, 2 bathrooms, reception/office on title, undercover car park and garden shed.
15. Pet-friendly complex with Body Corporate approval.
16. Mixed complex with a total of 145 units and 14 in the letting pool.
17. Accommodation agreement with 23 years remaining.
18. On-site amenities include a pool, spa, BBQ area, pay TV, and WIFI.
Management Rights Multiplier: 2.21
ROI Estimate: 45.34%