Alexandra Headland, Queensland

Prime Headland Position

SOLD

Business Description

Reminiscent of an idyllic Greek island resort, with only landscaped gardens and parkland between the property and the pristine beach, this resort offers 36 spacious, one-, two- and three-bedroom apartments boasting picturesque views of the ocean, garden or swimming pool, and resort-style facilities.
This rare business opportunity is one to take advantage of whether you’re a newcomer to the management rights sector or an experienced operator looking for an established and profitable operation.

• A simple and straight forward business model with excellent systems in place
• Low real estate value and therefore excellent ROI
• A generous body corporate salary
• Opportunity to grow the rental pool with high guest return rate
• Historical maintenance record

Business Summary

Business Snapshot

Price: SOLD Net Profit: $265,000 Remuneration / Body Corp Salary: $95,643

Managers Unit

Value of Managers Apartment: $695,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 36Total Units in Letting Pool: 26Owner Occupy Units: 5Outside Agent Units: 2Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Matt Campbell

0410 34....

Resort Management Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime headland position with landscaped gardens and parkland between property and beach, offering direct beach appeal and ocean views.
2. 36 spacious one, two and three bedroom apartments, providing accommodation diversity for different market segments.
3. Resort-style facilities and picturesque ocean, garden or pool views, enhancing guest experience and repeat visitation.
4. Simple, straightforward business model with excellent systems already in place, easing transition for a new operator.
5. Low real estate value relative to earnings, cited as driving excellent return on investment.
6. Net profit of $265,000, indicating established profitability.
7. Generous body corporate salary of $95,643 contributing to operator remuneration.
8. Managers apartment on title valued at $695,000, two bedrooms, two bathrooms, one car space, with on-title office.
9. Letting pool of 26 out of 36 units, presenting a clear growth opportunity to increase rental pool revenue.
10. High guest return rate noted, supporting occupancy stability and revenue predictability.
11. Historical maintenance record, implying well-maintained asset and reduced near-term capex risk.
12. Long management agreement structure, 25-year term with 22 years remaining, offering long-term operational security.

Management Rights Multiplier: 3.70
ROI Estimate: 15.82%