A unique opportunity presents for experienced equity active managers. This well-established central Broadbeach beachfront resort complex offers a fantastic return on investment.
A 15% share is available for an active couple/operator. The equity required is $254,600 (total cost of share $602,000) for a return of approx. $148,400 (includes Managers salary plus return on equity investment) which equates to a 58% ROI. In addition to this the active managers are provided with a two bedroom, two-bathroom refurbished ground floor unit for their own private use (approximate benefit of $40,000).
The complex features an outdoor pool, BBQ area, tennis court and secure car parking. The current active managers are set to retire after many years in the building. Due to strong growth and repeat visitors, the current silent equity investors are not looking to sell, emphasising confidence in the current business model.
Net: $148,400
Property Code: 1048
