Key Investment Insights
1. Prime beachfront esplanade location on Alexandra Headland, with sweeping ocean views and direct access to Alexandra Headland and Mooloolaba beaches.
2. Price structure reflects combined valuation, business value $980,000 plus manager's apartment valued $695,000, total price $1,675,000.
3. Strong financials, net profit $275,000, plus body corporate salary/remuneration $95,643 excluding GST.
4. Body corporate salary reviewed annually by CPI, providing indexed income stability for the manager.
5. Established holiday resort with high repeat guest base and rising visitor numbers and occupancies in the local holiday market.
6. Manager's residence is a two bedroom, two bathroom apartment on title, includes on‑title office, exclusive storage and car park, pets allowed.
7. Resort is Mediterranean style, well presented, within close distance of Mooloolaba and Maroochydore, guests can stroll to shops and restaurants.
8. Comprehensive guest facilities include outdoor lagoon pool, indoor heated pool, sauna and spa, tennis court, barbecue area, undercover parking, tour office and WiFi.
9. Complex scale and letting mix: 36 total units, 28 in the letting pool, 1 manager unit, 1 owner occupy unit, 3 outside agent units, 3 lockup units, offering operational diversity.
10. Long agreements and ease of management highlighted, supporting continuity of operations and income.
11. Manager lifestyle appeal is strong, offering both profitable remuneration and on‑site living seconds from the beach.
12. Clear upside opportunity noted, described as having room for growth and a compelling multiplier and salary for an investor or operator.
Management Rights Multiplier: 3.56
ROI Estimate: 16.42%