Kimba Units presents an affordable, relatively passive accommodation investment comprising five self-contained units offered at $650,000, with an anticipated profit of approximately $73,000 per annum and an indicative return of around 11%.
This opportunity is particularly well suited to an existing accommodation operator looking to expand their portfolio, add additional rooms or increase their accommodation footprint without taking on another heavily managed business.
Bookings, guest communication, pricing and administration could potentially be managed remotely through an existing office and booking platform, with day-to-day requirements largely limited to cleaning, maintenance and guest servicing. With no onsite residence, this is not a traditional first-time motel business opportunity, but rather a complementary acquisition for someone already established in the accommodation sector.
The five units also offer flexibility in their future use, with the option to continue operating as short-stay accommodation, transition some or all to longer-term accommodation, or adopt a combination of both.
With a low entry price, underlying freehold asset and relatively passive operating model, Kimba Units represents an opportunity to add another income-producing accommodation asset to an existing business without the need to establish a new operation from scratch.
For an established accommodation operator seeking a simple, flexible addition to their portfolio, this could be an ideal bolt-on acquisition.
Interested? Why not give Kelli Crouch, 312872 RLA a call on 0410 441 750 or kelli@resortbrokers.com.au