Key Investment Insights
1. Net profit $441,996 (Dec 2024), asking price $2,150,000, inclusive of manager’s real estate, indicating strong current returns and clear acquisition cost.
2. Stable Body Corporate salary $120,047 plus GST, providing a reliable recurring income stream separate from net profit.
3. Manager’s apartment valued at $650,000, fully furnished, three bedrooms, two bathrooms, two car spaces, exclusive-use office, Coral Sea and island views, supporting on-site lifestyle and asset value.
4. Agreement term 25 years with 22 years remaining, offering long-term operational security and continuity.
5. 16 units in the holiday letting pool within a 40-unit complex, with capacity to grow the letting pool and increase revenue.
6. Renovated modern resort facilities including 20m infinity edge pool, lap pool with spa, gym and BBQ area, enhancing guest appeal and yield potential.
7. Exceptional Coral Sea views and short walk to Airlie Beach town centre, strengthening location appeal for holiday renters and high occupancy prospects.
8. No fixed office hours and low-maintenance modern complex design, enabling flexible lifestyle management and reduced operational overheads.
9. Supportive, proactive Body Corporate and streamlined systems in place, reducing managerial burden and operational friction.
10. Ideal for couples or experienced operators, presenting a solid foundation for continued high performance and potential business growth.
Management Rights Multiplier: 3.39
ROI Estimate: 29.47%
