Key Investment Insights
AI generated. Confirm details with the seller.
1. Turnkey management rights offering, ready-to-operate with low operational friction for hands-on or absentee operators.
2. Prime Caloundra location in the main shopping precinct, steps from cafes, restaurants, boutiques, the Caloundra Events Centre, art gallery and library.
3. Exceptional beachfront lifestyle, only a two minute walk to Bulcock Beach and directly on the Waterfront Boardwalk/Coastal Pathway linking to Kings Beach.
4. Premium guest draw from 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.
5. Strong amenity and dining proximity, enhancing average daily rates and ancillary revenue opportunities.
6. Secure basement parking for guests, increasing convenience, bookings and satisfaction.
7. High market demand drivers, including Caloundra’s vibrant events calendar, growing tourism and strong repeat visitation.
8. Financial performance headline, net profit of $326,411, with remuneration/body corporate salary of $86,400.
9. Valuable managers apartment, valued at $1,000,000, comprising three bedrooms, two bathrooms and one car space.
10. Resort/holiday complex scale, 53 total units with 18 in the letting pool and 4 outside agent units; 4 lockup units noted.
11. Long term contractual security, 25 year agreement with 19 years remaining.
12. High owner occupancy with 31 owner occupy units, supporting a stable community environment and potentially lower intrapool competition.
Management Rights Multiplier: 4.60
ROI Estimate: 13.06%
