Key Investment Insights
AI generated. Confirm details with the seller.
1. Long-established management rights business with a built reputation, supporting repeat clientele and steady demand.
2. Prime location, approximately a five minute stroll to Airlie central, offering guests easy access without reliance on a car.
3. Consistently strong financial performance, reported net profit of $217,828.
4. Manager remuneration and body corporate salary of $30,190, indicating additional structured income for the manager.
5. Manager’s residence options include an on-site two bedroom apartment valued at $500,000, or the flexibility to live off-site.
6. Agreement structure favourable for continuity, 25 year original term with 19 years remaining, providing long-term operational security.
7. Complex scale and letting pool provide operational volume, 16 total units with 14 in the letting pool, one owner-occupied unit and one outside agent unit.
8. On-site facilities and amenities include spectacular views and a pool, matching guest expectations for holiday accommodation.
9. Exclusive use office for managers, simplifying on-site administration and guest service delivery.
10. Low operational complexity demonstrated by successful operation by a single manager for many years, suiting a single operator or couple seeking lifestyle balance.
Management Rights Multiplier: 0.45
ROI Estimate: 36.37%
