Key Investment Insights
1. Direct beachfront Broadbeach location, metres from sand and adjacent to Pacific Fair, the Convention Centre and The Star Casino, supporting year-round demand.
2. Independently verified net operating profit of at least $745,390 for the 12 months to 31 July 2025, including $44,045 from leaseback units.
3. Core business net profit exceeds $701,000 when leaseback income is excluded, indicating strong underlying trading performance.
4. High occupancy at 90% and an average nightly tariff of $256, supporting robust revenue per available unit.
5. Large established complex of 84 residential lots, comprising 50 one‑bedroom and 34 two‑bedroom apartments, appealing to a broad guest mix.
6. Substantial letting pool with 52 units referenced in the text and 53 units noted in the features table, with no dominant multi‑unit owner, providing income stability.
7. Agreement term of 25 years with approximately 22 years remaining, offering long‑dated contractual security.
8. CPI‑linked Body Corporate salary of $115,373 per annum, delivering a secure baseline remuneration stream.
9. Proven two‑person operational model, established systems and reception infrastructure, enabling immediate operational continuity.
10. Managers’ apartment valued at $950,000, two bedrooms, two bathrooms and one car space, included in the sale structure.
11. Low number of owner‑occupy (10) and lockup units (5), with 16 units managed by outside agents, indicating good manager control over inventory.
12. Asking price structure of $4.55M for the business and $950K for the unit, total $5.5M, aligning purchase components with the verified profit profile.
Management Rights Multiplier: 6.10
ROI Estimate: 13.55%