Key Investment Insights
1. Prime Broadbeach coastal location, moments from the beach, Pacific Fair Shopping Centre, the Gold Coast Convention and Exhibition Centre and The Star Gold Coast.
2. Excellent transport access with light rail at the doorstep, supporting strong year-round visitor demand.
3. Proven financial performance, reported net profit of $420,946.
4. Total asking price split disclosed, business $1.805M and managers unit $1.295M, combined $3.1M.
5. Manager remuneration and body corporate salary disclosed at $147,450, providing predictable owner income.
6. Long security of tenure, 10 year agreement with 10 years remaining.
7. Renovated ground floor 3 bedroom, 2 bathroom managers residence, separate office entrance enabling clear separation between home and business.
8. Quality residence fitout with high ceilings, contemporary kitchen and appliances, modern bathrooms, quality flooring and air conditioning, described as low maintenance.
9. Ground floor exclusive front reception and fully equipped back office, professionally configured for efficient daily management, offering excellent visibility and easy guest access.
10. Complex scale and mix: resort/holiday complex of 66 units, 21 in the letting pool, 27 owner occupied, 7 with outside agents and 11 lockup units, indicating operational diversity and upsell potential.
11. Positioned as a lifestyle investment suited to experienced operators, couples or families, combining secure income with a high-quality residence.
Management Rights Multiplier: 4.29
ROI Estimate: 23.32%