Key Investment Insights
1. Listed as a turnkey management rights sale, total price $2.7M comprised of $1.15M for management rights and $1.55M for the managers apartment.
2. Strong reported net profit $321,639, indicating high return potential relative to asking price.
3. Managers remuneration and body corporate salary reported at $85,022, adding to total owner benefit.
4. Managers apartment valued at $1,550,000, four bedrooms, two bathrooms and two car spaces, providing substantial on-site owner accommodation asset.
5. Complex is resort/holiday type, 36 total units with 10 in the letting pool, 16 owner-occupied units and seven lockup units, offering a mixed ownership profile and income diversification.
6. Long agreement structure, 25-year agreement with approximately 23 years remaining, providing contractual stability and transferable income stream.
7. Proven demand and repeat guest behaviour, first-time visitors frequently converting to repeat bookings, supporting reliable occupancy and cashflow.
8. Prime absolute heart of Caloundra location, immediate access to restaurants, cafes, boutiques and Caloundra Sunday Markets, enhancing guest appeal and direct-booking potential.
9. Short stroll to multiple beaches and excellent walkability, making the property attractive to families, couples and interstate holidaymakers and supporting year-round visitation.
10. Caloundra’s busy events calendar and steady tourist flows, plus public transport and local tour operator pickups, broaden market reach and reduce seasonality risk.
11. Operationally income-ready with established systems and highly rated guest services, lowering transition risk for new operators.
12. Clear upside opportunities through targeted revenue management, refined distribution strategies, improved direct-booking initiatives and selective property enhancements to lift average rates and ancillary revenue.
Management Rights Multiplier: 3.58
ROI Estimate: 11.91%