Key Investment Insights
AI generated. Confirm details with the seller.
1. Exceptional financial performance, quoted 20.8% ROI and reported net profit of $328,654.
2. Manager remuneration includes a Body Corporate salary of $68,098 with an annual CPI increase.
3. On-site manager’s accommodation is a spacious three‑bedroom, two‑bathroom apartment valued at $600,000, with one car space.
4. Operationally lean, business is described as efficiently managed by a single person or couple, with limited office hours and streamlined systems.
5. Clear growth upside, described as having “immense potential for growth under new management”.
6. Prime beachfront location in Bargara, offering lifestyle appeal from sunshine, ocean breezes and resort/holiday ambience.
7. Resort scale and letting mix provide diversification, 30 total units with 18 in the letting pool and 13 owner‑occupy units.
8. Long-term management agreement provides security, 25 year term with 19 years remaining.
9. Only one unit managed by an outside agent, implying strong internal control of letting pool.
10. Listing indicates the opportunity is SOLD and inspections were by appointment only, signalling recent transaction interest and controlled access.
Management Rights Multiplier: 2.95
ROI Estimate: 20.93%
