Key Investment Insights
1. Highly successful holiday management rights business located in the heart of Broadbeach, one of Australia's premier tourism destinations.
2. Net return of over $389k and a beautifully renovated, open-plan 3 bedroom manager's residence, making it an exceptional lifestyle and investment opportunity.
3. Well-established and carefully developed by long-term owners, earning glowing reviews and a loyal clientele of returning guests.
4. Letting pool of 21 holiday units and 2 permanent rentals, offering a mix of spacious two- and three-bedroom options.
5. Resort amenities include a heated outdoor pool and spa, full-size tennis court, two saunas, two BBQ areas, games room, and secure underground parking.
6. Strong net return exceeding $389k, with $24k allocated for part-time staff, ensuring a balanced and manageable workload.
7. Located within walking distance of Pacific Fair Shopping Centre, The Star Casino, world-class beaches, the G: Link tram, The Convention Centre, and an array of dining and entertainment options.
8. Modern, spacious three-bedroom residence included in the sale, a rare opportunity in this market.
9. Complex information includes a total of 66 units, with 23 in the letting pool, 26 owner-occupied units, and 8 units managed by outside agents.
10. Agreement module is standard with a 10-year term remaining. Resort facilities include a pool, spa, sauna, tennis court, games room, and BBQ area.
Management Rights Multiplier: 4.79
ROI Estimate: 20.86%