Key Investment Insights
AI generated. Confirm details with the seller.
1. Independently verified net operating profit of $745,390 for the 12 months to 31 July 2025.
2. Core business generated more than $701,000 verified net profit excluding $44,045 leaseback income.
3. CPI linked Body Corporate salary of $115,373 provides secure baseline remuneration.
4. Directly opposite Broadbeach beach, near Pacific Fair, Gold Coast Convention Centre, The Star Casino, cafés, dining and shopping.
5. Established permanent complex comprises 84 residential lots, including 50 one bedroom and 34 two bedroom apartments.
6. Letting pool comprises 53 units, with no dominant multi unit ownership supporting portfolio spread.
7. Strong operating metrics include 90% occupancy and an average nightly tariff of $256.
8. Proven two person operating model, established systems and reception infrastructure support immediate operational continuity.
9. Current employed managers would like to remain, potentially supporting a smooth transition.
10. Managers apartment includes two bedrooms, two bathrooms and one car space, with stated value of $950,000.
11. Management rights agreement has 22 years remaining from an original 25 year term.
Management Rights Multiplier: 6.10
ROI Estimate: 13.55%