Alexandra Headland, Queensland

Great Position, Opposite the Beach

SOLD

Business Description

Great position right opposite the bluff at Alexandra Headland, one of the Sunshine Coast’s most popular surfing beaches.

Park your car and walk to surf club, restaurants, cafes, shops, bowling alley, skateboard park and much more.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $592,023 Remuneration / Body Corp Salary: $102,444Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $730,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 68Total Units in Letting Pool: 45Holiday Units: 41Permanent Units: 4Owner Occupy Units: 11Outside Agent Units: 6Lockup Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesWIFI: Yes
Marketing Agent
Matt Campbell
Matt Campbell

Barry Davies
Barry Davies

Resort Management Sales

Resort Management Sales

Key Investment Insights

1. Prime location directly across from a popular surfing beach.
2. Close proximity to a variety of amenities, including surf club, restaurants, cafes, shops, and recreational activities.
3. Strong financial performance with a net profit of $592,023.
4. Secure body corporate salary with annual CPI review.
5. Spacious and well-maintained manager's apartment with a value of $730,000.
6. Large complex with 68 units, 45 of which are in the letting pool.
7. Diverse mix of holiday, permanent, owner-occupied, and outside agent units.
8. Long-term agreement term of 25 years with 21 years remaining.
9. On-site amenities such as a pool, spa, and WIFI.
10. Potential for growth and further development in the popular Sunshine Coast market.

Management Rights Multiplier: 5.69
ROI Estimate: 17.57%

Listing location
Gallery

This Business is sold

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