Key Investment Insights
1. Price split of $1.805M for the business and $1.295M for the managers unit, total $3.1M.
2. Strong net profit of $420,946, with additional remuneration/body corporate salary of $147,450.
3. Prime Broadbeach coastal location, moments from the beach, Pacific Fair Shopping Centre, Gold Coast Convention and Exhibition Centre, and The Star Gold Coast.
4. Excellent transport access with light rail at the doorstep, supporting year-round visitor demand.
5. Ground-floor managers residence and office provide high visibility, easy guest access, and seamless on-site oversight.
6. Exclusive use of a spacious front reception and fully equipped back office, professionally configured for efficient operations.
7. Comprehensively renovated 3-bedroom, 2-bathroom residence with separate office entrance, high ceilings, contemporary kitchen, quality appliances, modern bathrooms, neutral finishes, quality flooring, and air conditioning.
8. Resort/holiday complex with 66 total units, 21 in the letting pool, 27 owner-occupied, 7 outside agent units, and 11 lockup units.
9. Secure contractual term structure, 10-year agreement with 10 years remaining.
10. Target buyer profile clear; ideal for experienced operators, couples, or families seeking a combined income and lifestyle investment.
Management Rights Multiplier: 4.29
ROI Estimate: 13.58%