Key Investment Insights
1. Management rights for a boutique holiday resort in central Byron Bay, a blue-chip coastal tourism market with year-round high-end clientele.
2. Asking price $2,593,264, reported net profit $290,131, indicating a clear profitability figure for buyers to assess.
3. Manager's apartment valued at $1,350,000, one bedroom, one bathroom, one car space, renovated and with office on title, offering substantial asset value within the sale.
4. No requirement to live onsite, manager's unit currently in the holiday rental pool, providing flexibility and ongoing rental income potential.
5. Additional income streams exist that are not included in the provided profit and loss, signalling upside for a buyer.
6. Approved short term rental accommodation (STRA) zone, supporting holiday letting and revenue generation.
7. Low caretaking duties and easy to operate under management, reducing operational complexity and labour requirements.
8. Body corporate salary reviewed annually by CPI, providing predictable indexed remuneration for body corporate services.
9. Complex comprised of 18 units, 15 units in the letting pool and 3 lockup units, offering a concentrated but manageable portfolio size.
10. Agreement is a standard module with a 10-year term remaining, delivering long-term contractual security for management rights.
11. Prime walking-distance location near Clarks Beach, Cape Byron Lighthouse, The Pass, Wategos, Tallows Beach and Byron town centre, enhancing occupancy and premium pricing.
12. Lifestyle appeal of living and working in iconic Byron Bay, combining investment returns with a high-quality coastal lifestyle.
Management Rights Multiplier: 4.29
ROI Estimate: 23.34%
