Key Investment Insights
1. Listed price structure totals $2.5M, comprising $1.5M for management rights and $1.0M for the managers apartment.
2. Reported net profit of $326,411, with additional remuneration/body corporate salary of $86,400.
3. Managers apartment valued at $1,000,000, configured as a 3 bedroom, 2 bathroom unit with one car space.
4. Resort style complex with 53 total units, 18 units in the letting pool, 31 owner occupied units, four outside agent units and four lockup units.
5. Management agreement initial term 25 years, with approximately 19 years remaining, providing long term contract security.
6. Prime Caloundra location in the main shopping precinct, steps from cafes, restaurants, boutiques, the events centre, art gallery and library, driving walkability and guest spend.
7. Exceptional beachfront lifestyle appeal, only a two minute walk to Bulcock Beach and directly on the Waterfront Boardwalk linking to Kings Beach, supporting repeat holidaymakers and family bookings.
8. High amenity offering including rooftop sun terrace accessed by two high speed lifts, rooftop spa, BBQs and expansive 360 degree views of the Passage, Bribie Island, the Pacific Ocean and the Glass House Mountains, strong leisure and special occasion draw.
9. Nearby dining and retail, including supermarkets and Stockland shopping, create ancillary revenue opportunities and suitability for longer stays.
10. Secure basement parking provides convenient guest access and supports higher occupancy and satisfaction.
11. Market fundamentals show growing tourism, a vibrant events calendar and strong beach offering, delivering consistent demand and repeat visitation.
12. Turnkey operations with high appeal facilities, low operational friction, viable for hands on operators or absentee managers seeking reliable income streams.
Management Rights Multiplier: 4.60
ROI Estimate: 13.06%
