Key Investment Insights
1. Priced at $2.9M with net profit $499,330, advertised 17% ROI and all offers considered, indicating strong cash return relative to price.
2. Very low 4.31 multiplier based on circa $500,000 net, signalling above-market valuation for buyers seeking yield.
3. Asking price includes manager’s real estate, manager’s apartment valued at $750,000 and on title, providing owner-occupier value and asset security.
4. Long accommodation agreement originally 25 years with 18 years remaining, offering contractual income stability for management rights.
5. Body Corporate remuneration of $201,207 contributes significant recurring salary component to cashflow.
6. Full resort facilities include roof-top pool and spa, sauna, gym, tennis court, games room, BBQ area and Wi‑Fi, supporting premium holiday positioning.
7. Busy externally operated coffee shop on-site provides ancillary income and enhances guest amenity without operator burden.
8. Strong repeat family trade and proximity to Broadwater, theme parks and 10 minutes to Surfers Paradise underpin steady demand and high occupancy potential.
9. Letting pool composition is favourable for management income, 66 total units with 28 in the letting pool and 32 owner-occupied units.
10. Operational strengths include exclusive-use office, ample storage, manager’s ground-floor 2-bedroom residence with private balcony and 1 car space, and pets OK.
11. Clear upside potential: maintenance income opportunities, cleaning fees not increased for five years, and a scheduled salary increase in July.
12. High net income can support two families or an investment group, indicating scalability and appeal to multiple buyer profiles.
Management Rights Multiplier: 4.31
ROI Estimate: 17.22%