Key Investment Insights
1. Turnkey management rights sale with established systems and highly rated guest services, enabling an income-ready operation and minimal ramp-up time.
2. Strong financial performance, reported net profit of $321,639, supporting attractive cashflow for an investor or operator.
3. Asking structure is $1.15M for management rights plus $1.55M for the manager’s unit, total price $2.7M, enabling ownership of the manager apartment.
4. Manager remuneration / body corporate salary of $85,022 is included, providing a predictable personal income stream for operators.
5. Manager apartment valued at $1,550,000, four bedrooms, two bathrooms and two car spaces, representing a high-value on-site residence.
6. Long agreement term, 25 years initial term with 23 years remaining, offering security of income and operational continuity.
7. Resort / holiday complex of 36 units, with 10 units in the letting pool, 16 owner-occupied units and seven lockup units, indicating mixed ownership and diversified revenue sources.
8. Prime beachfront location in the heart of Caloundra, within walking distance of restaurants, cafes, boutiques, Sunday markets and multiple beaches, driving year-round demand.
9. Strong tourism drivers including Caloundra’s events calendar, music festivals and reliable local visitation, supporting steady bookings in peak and off-peak periods.
10. Good transport and distribution access, with public transport links and local tour operator pickups widening market reach for short and longer stays.
11. Clear upside opportunities from targeted revenue management, improved distribution and direct-booking initiatives, plus selective property enhancements to lift average rates and ancillary income.
12. Proven repeat business and consistent occupancy, with oversized, well-maintained apartments and first-class facilities that generate guest loyalty and positive reviews.
Management Rights Multiplier: 3.58
ROI Estimate: 11.91%