Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $497,896 represents approximately 16.6% return on the total asking price of $2,995,000.
2. Premium waterfront holiday complex in Bargara, close to Mon Repos Turtle Centre, Bundaberg Rum Distillery and island tours.
3. Accommodation management agreement has 20 years remaining, providing long term tenure.
4. Annual body corporate remuneration of $79,715 is reviewed against CPI each year.
5. Proven systems and streamlined operations support an efficient business and smooth ownership transition.
6. Strong repeat guest base complements consistent and growing corporate and leisure demand.
7. Limited regional accommodation supply and development barriers support the complex’s market position.
8. Regional growth across tourism, residential development and industry supports accommodation demand.
9. Complex comprises 37 units, with 27 currently in the letting pool.
10. Included manager’s apartment is valued at $1,000,000, with three bedrooms, two bathrooms, one car space and an office on title.
11. Guest facilities include a pool, spa, gym, tennis court, barbecue area, pay TV and WiFi.
Management Rights Multiplier: 4.01
ROI Estimate: 16.62%