Key Investment Insights
1. Prime Burleigh Heads location, described as "steps from" the beach, offering strong beachfront appeal and easy guest access to the shore.
2. Listed price $1,820,000 versus net profit $195,000, indicating an acquisition multiple and payback profile for investors.
3. Manager's apartment valued at $1,000,000, three bedrooms and two bathrooms, included on title with an on‑site office, adding significant asset value to the sale.
4. Manager's unit provides direct access to pool and garden, secure underground parking and storage, supporting on‑site management and owners' amenity.
5. Complex size 38 units, with 18 units in the letting pool, signalling existing revenue-generating inventory and room to optimise occupancy mix.
6. Long-form accommodation agreement originally 25 years with 20 years remaining, providing contractual income continuity and transferability.
7. Resort facilities include heated outdoor pool, spa and BBQ area, enhancing guest experience and family holiday appeal.
8. Secure underground parking and close public transport increase accessibility for guests and management.
9. Property marketed as a returning-guest complex, implying existing repeat clientele and potential for growth in net profit.
10. Strong regional attractions nearby, including boutique shopping, international dining, world-class theme parks and Gold Coast hinterland, supporting year-round demand.
11. Manager remuneration / body corporate salary reported at $74,000, clarifying operational cost/remuneration structure for buyers.
12. Disclaimer that images may not depict the complex and prospective purchasers should verify information, indicating buyers must conduct due diligence.
Management Rights Multiplier: 4.25
ROI Estimate: 23.52%