Key Investment Insights
1. Prime location in an emerging holiday beachside area.
2. Absolute beachfront property with rainforest park blending the resort with the beachfront.
3. Resort facilities including a full-sized tennis court, basketball court, pool area, and restaurant.
4. Manager's apartment is a spacious three bedroom, two bathroom unit with a huge outdoor area.
5. Freehold restaurant included in the sale, currently leased.
6. Potential for growth and increased profits.
7. Full property valuation available for approved buyers.
8. Manager's unit and restaurant on title.
9. Pet-friendly complex.
10. Accommodation agreement module with 25 years remaining.
11. 20 units in the letting pool, 8 owner-occupied units, and 3 lockup units.
12. Resort amenities include a pool, spa, tennis court, BBQ area, and WIFI.
13. Net profit of $219,000 and remuneration/Body Corp salary of $101,000.
14. Body Corp salary review of CPI annually.
Management Rights Multiplier: 3.50
ROI Estimate: 28.59%