Expressions of Interest InvitedPlease email for more information rick@rickflayrealestate.comWe are delighted to offer FOR SALE a great resort in CANGGU. Consisting of a luxurious collection of private villas, where modern elegance meets tropical serenity. Perfectly designed for both leisure and investment, CANGGU offers an exclusive living experience with unparalleled privacy and comfort.THIS IS A FANTASTIC OPPORTUNITY TO LIVE IN AND EARN SHORT TERM RENTAL INCOME  OR AN OPPORTUNITY TO CREATE A SIGNIFICANT INVESTMENT PROJECT WHICH COULD BE RUN AT AN ARMS LENGTH AS A RESORT WITH A MANAGER IN PLACEPotential to earn $400,000 per yearProperty OverviewCurrent owners built the complex new 9 years ago and it has been exceedingly well maintained and is both spacious and modern.For an astute investment there is the opportunity to get an immediate return of their money by buying as a whole and then creating a company to sell off individual villas within the complex or to buy it as a going concerenTotal Units:4 x Two-Bedroom Villas  Living/kitchen area                                       39.6 sqmBedroom                                                       32.8 sqmBathroom                                                       23.8 sqmTOTAL  Living Area                                       92.6 sqmLand Area                                                        386 sqm2 x One-Bedroom VillasLiving/kitchen Area                                         45 sqmBedrooms 1&2                                                   84 sqmBathrooms 1&2                                                50 sqmTotal Living Area                                               179 sqmLAND AREA                                                       561 sqmProfessional Office & ReceptionStudio  – 63sqmSleep 22FINANCIALSROI Detail 2023Occupancy was at 45% to 50% over the 9 months to September 2024.This was due to construction of villas and showrooms on all 3 sides of the complex that made most of the Lime villas unrentable due to excessive noise.However, the business still managed to make a profit as per the actuals as follows.Results.Gross Av. Monthly income during that period, (Jan 2024 to Sept 2024) ,A$24,700    Less monthly overheads                                                                                                  A$13,600Nett Profit (,Net)                                                                                                               A$11,000  Net profit for the above 9 months                                                                                A$99,000 ROI ForecastMoving forward to forecast with a  performance, to take into consideration with all construction complete in the immediate area and all family and friends free accommodation cancelled & professional management installedBased on historical evidence , Lime has consistently performed to industry standards at around a constant 70% occupancy.Based on 70%, using low season room rates2bed Villas @    A$345/nite x 255days/nites (70%)     =A$87,000 x 4 Villas   = A$350,0001 bed Villas @  A$320/nite x  255                                    =A$61,000 x 2 Villas   = A$122,000.1Studio unit @ A$51/nite   x  255                                      =A$15,000.x1               = A$15,000                                                                          GROSS ANNUAL INCOME              = A$487,000                                                                          Less OVERHEADS                            = A$87,000                                                                           NETT PROFIT                                   = A$400,000 Two-Bedroom VillasEach villa comes with its own swimming pool, perfect for relaxation and entertainment.Spacious Living Area – Open-plan living area with modern décor and high ceilings.Fully Equipped Kitchen – Modern kitchen with high-end appliances.Ensuite Bathrooms – Luxurious bathrooms with premium fixtures and fittingsPrivate Garden – Landscaped garden with lush greeneryIndependent Entrance – Ensures maximum privacy and exclusivityHigh-Speed Wi-Fi – Reliable internet connection for work and leisure.Air Conditioning – Throughout all villas for comfort in Bali’s tropical climate One – Bedroom VillasPrivate pool area for personal enjoymentElegant Design – Stylish interiors with a focus on comfort and luxury.Modern Kitchen and living room – Functional kitchenette for convenience.Ensuite Bathroom – Features high-quality finishes and a rain shower.Private Garden – Small yet beautiful garden area.Independent Entrance – Maintains the exclusivity of each villa.High-Speed Wi-Fi – Reliable internet connection for work and leisure.Air Conditioning – Throughout all villas for comfort in Bali’s tropical climate.Investment Potential – High Occupancy RatesPopular location with strong demand for short-term rentals.Attractive ROI – Steady income potential through vacation rentals.Property Management – On-site management services available for hassle-free ownership.Future Value – Property value appreciation expected in the growing Bali market.LocationSituated in a prime location in CANGGU, close to beaches, restaurants, and popular attractions.2 minute walk to fully stocked western style supermarket, cafes & GLO day spa5 mins to FINNS BEACH CLUB, LA LAGUNA & the SPLASH WATERPARKOnly 300 metres from the beach.Perfect for couples, honeymooners and families, Lime Villas is tropical living at its best!A tranquil retreat, yet conveniently accessible.LeaseholdCurrent lease is 22 years  with option to renew