Key Investment Insights
1. Asking price $1,675,000, with net profit reported at about $264,000, indicating clear profitability metrics for valuation.
2. Business operates under a Lease Back Model, the lease back value is reflected in the purchase price.
3. Manager’s residence is a generous 102 m² two bedroom plus study (or optional third bedroom) unit valued at $975,000, with ocean views and exclusive office use onsite.
4. Long term agreement structure, 25 year accommodation agreement originally, with approximately 15 years remaining, providing contractual continuity.
5. Body corporate salary is reviewed annually to CPI, offering predictable indexation of manager remuneration.
6. Letting pool comprises 16 holiday units within a tightly held 36 unit complex, supporting focused management responsibilities.
7. Strong repeat guest base cited, indicating established demand and stable occupancy potential.
8. Resort style amenities include a large heated swimming pool, spa, BBQ entertaining area and secure underground parking, enhancing guest appeal and yield potential.
9. Prime Broadbeach position directly opposite the patrolled beach and parklands, with immediate walkability to Pacific Fair, The Star, Gold Coast Convention Centre and the G:link.
10. High local and tourist demand driven by year round dining, nightlife and major events such as Blues on Broadbeach and the Groundwater Country Music Festival.
11. Complex mix includes six owner occupy units, five outside agent units and seven lockup units, indicating a diverse ownership and management environment.
12. Manager onsite living combined with exclusive office and proximity to marquee precinct attractions supports a lifestyle business model and operational flexibility.
Management Rights Multiplier: 2.65
ROI Estimate: 15.77%
