Key Investment Insights
1. Prime esplanade oceanfront location on Alexandra Headland, with sweeping views and seconds to beaches at Alexandra Headland and Mooloolaba.
2. Asking price $1,675,000 with reported net profit $265,000, indicating strong cashflow potential.
3. Manager’s residence included on title, two bedrooms and two bathrooms, valued at $695,000, with adjoining office, exclusive storage and a dedicated car park.
4. Guaranteed body corporate remuneration of $95,643 excluding GST, reviewed annually by CPI, providing stable owner/manager income.
5. Established holiday business with a large number of return guests, benefiting from growing visitor numbers and top occupancies in the area.
6. Well-presented Mediterranean style resort in landscaped gardens, supporting guest appeal and premium positioning.
7. Wide onsite facilities including outdoor lagoon pool, indoor heated pool, sauna/spa, tennis court, barbecue area and tour office, enhancing guest experience and ancillary revenue potential.
8. 36-unit complex with 28 units in the letting pool, indicating significant scale and management revenue base.
9. Close proximity to Mooloolaba and Maroochydore, shops and restaurants, enabling easy guest access to broader Sunshine Coast attractions.
10. Manager benefits from high standard of living and ease of management, with the business described as owner-manageable and offering lifestyle advantages.
11. Pets allowed in manager’s apartment, supporting flexibility for an on-site manager.
12. Additional commercial strengths include undercover parking, WIFI and three outside-agent or lockup units, offering operational flexibility and potential for optimisation.
Management Rights Multiplier: 3.70
ROI Estimate: 27.04%
