Key Investment Insights
1. Prime beachfront Broadbeach location, metres from golden sand and close to Pacific Fair, the Gold Coast Convention Centre and The Star Casino, supporting strong year‑round demand.
2. High-performing management rights business in an 84‑unit multi-level tower, comprising 50 one‑bedroom and 34 two‑bedroom apartments.
3. Majority of apartments in commercial letting, with approximately 52–53 units in the letting pool, limited owner concentration and no dominant multi‑unit owner.
4. Independently verified net operating profit of at least $745,390 for the 12 months to 31 July 2025, providing clear proven earnings.
5. Core business profit exceeds $701,000 when excluding $44,045 of leaseback income, showing resilient underlying performance.
6. Strong operational metrics, including circa 90% occupancy and an average nightly tariff of $256, indicating robust yield per room.
7. Sale structure priced at $4.55M for the business plus a $950K managers’ unit, total transaction value $5.5M.
8. CPI‑linked Body Corporate salary of $115,373 per annum, delivering secure baseline remuneration for managers.
9. Long agreement term of 25 years with approximately 22 years remaining, offering long‑term contractual security.
10. Proven two‑person operating model with established systems and reception infrastructure, enabling immediate takeover and low incremental staffing risk.
11. Managers’ apartment included, valued at $950,000, two bedrooms, two bathrooms and one car space, supporting onsite management lifestyle.
12. Tenant mix and unit distribution details provided—10 owner‑occupied, 16 outside agent units and 5 lockup units—support
Management Rights Multiplier: 6.10
ROI Estimate: 13.55%
