MANAGEMENT RIGHTS OPPORTUNITY GOLD COAST - PREMIUM WATERFRONT PROPERTY

Key Investment Insights

AI generated. Confirm details with the seller.

1. Premium waterfront location on the Broadwater with uninterrupted water views, high holiday-maker appeal.
2. Strong financials, with net profit cited as approximately $451,000 in the description and $500,000 in the business snapshot.
3. Significant Body Corporate salary supporting owner income, listed at $202,500 in text and $202,849 in snapshot, reviewed annually by CPI.
4. Full asking price and valuation details provided, price $2,700,000, business value $2,150,000, managers apartment value $750,000.
5. Single-person operation to date, indicating potential for owner-operator or scalable staffing efficiencies.
6. No set office hours and established management systems, suggesting flexible operations and streamlined processes.
7. On-title managers unit included, comfortable 2 bedroom, 1 bathroom, 1 car space, office on title, pets permitted.
8. Long-stay management agreement in place, accommodation module with a 25-year term and 19 years remaining.
9. Large mixed complex scale, 65 total units, 29 in the letting pool, 30 owner-occupied, 2 outside agent units, 3 lockup units.
10. Extensive resort-style amenities enhancing guest appeal, including pool, spa, sauna, gym, tennis court, games room, BBQ area, Pay TV and WiFi.
11. Supportive Body Corporate noted, which may reduce governance friction for the manager.
12. Highly walkable location, within easy walking distance to parks and restaurants, adding to year-round occupancy potential.

Management Rights Multiplier: 3.90
ROI Estimate: 18.52%