Key Investment Insights
1. Beachfront Broadbeach location directly opposite the Pacific Ocean, metres from sand and within the precinct of Pacific Fair, Gold Coast Convention Centre and The Star Casino, supporting year round demand.
2. High performing management rights business with independently verified net operating profit of $745,390 for the 12 months to 31 July 2025, including $44,045 leaseback income.
3. Core business excluding leaseback delivers more than $701,000 net profit, underpinned by reported 90% occupancy and an average nightly tariff of $256.
4. Sale structure priced at $4.55M for the business plus a $950K managers unit, total $5.5M.
5. Established CPI linked Body Corporate salary of $115,373 per annum provides secure baseline income.
6. Asset is an 84 unit multi level tower comprising 50 one bedroom and 34 two bedroom apartments, offering scale and operational efficiencies.
7. Strong letting pool penetration with 52 units referenced in the narrative and 53 units noted in the snapshot, limited owner concentration and no dominant multi unit ownership, supporting stability.
8. Ownership mix includes 10 owner occupy units, 16 outside agent units and 5 lockup units, indicating good distribution and reduced single owner risk.
9. Long agreement term of 25 years with 22 years remaining, offering long term contractual security.
10. Proven two person operational model, established systems and reception infrastructure, current managers are employed and willing to stay, enabling immediate operational continuity.
11. Managers apartment is a 2 bedroom,
Management Rights Multiplier: 6.10
ROI Estimate: 13.55%
