Key Investment Insights
AI generated. Confirm details with the seller.
1. Combined offering includes a $1,100,000 ground floor apartment plus $1,000,000 management rights, enabling owner-occupier operation and revenue from managed units.
2. Management rights deliver strong reported Net Operating Profit of approximately $209,000 for year ending 31 January 2025, indicating healthy cashflow potential.
3. Caretaker salary is $54,869 inclusive of GST, with annual CPI review, providing predictable labour cost escalation.
4. Significant upside in holiday letting pool, with only 11 of 34 units currently in the pool, creating clear growth potential to increase management income.
5. Front desk and office operate separately to the manager’s residence, supporting professional service delivery and privacy for the manager.
6. Apartment benefits include a secluded master, generous second bedroom, new quality soundproof external windows and doors, and one secure car space plus ample visitor parking.
7. Prime beachfront location directly opposite Burleigh Heads Beach, with panoramic views and northerly balcony aspect up the coast to Surfers Paradise, enhancing holiday appeal and rental yields.
8. National Park walking trails adjacent to the site and walking distance to restaurants, bars, cafes and the surf club, boosting year-round tourism and lifestyle desirability.
9. Multiple large storage areas and standard module caretaker and letting agreements are in place, reducing setup friction and operational constraints.
10. Developer interest in the location suggests potential for major value uplift over time, supporting capital growth prospects.
11. Listing information includes a business snapshot showing price status as SOLD, signalling current market activity or recent transaction status to verify.
