Key Investment Insights
1. Listed price $1,750,000, with stated net profit $327,230, implying strong cashflow relative to price.
2. Advertised 3.1x multiplier and 32% ROI on the business, indicating an above-average return profile.
3. Business value $1,025,000 separate from managers apartment value $725,000, showing clear split between operating business and residential asset.
4. Motivated sellers seeking a quick sale, signalling potential negotiation opportunity.
5. Absolute beachfront manager’s unit with uninterrupted ocean views and direct beach access of approximately 20 metres, unique for management rights.
6. Manager’s apartment is on title, two bedrooms, ensuite, one car space, pets allowed, and currently let out with that rental income excluded from reported net profit.
7. Manager remuneration/body corporate salary $83,429, reviewed annually by CPI, providing predictable income escalation.
8. Agreement is a standard module management rights contract, ten year term with ten years remaining, offering long-term contractual security.
9. Holiday complex of 45 units, 25 in the letting pool, eight owner-occupied, four outside agent units, and five lockup units, indicating a substantial lettings base.
10. On-site amenities include pool, BBQ area and Wi‑Fi, enhancing guest appeal and revenue potential.
11. Located on the Cairns Northern Beaches, offering a relaxed village atmosphere, nearby cafés, shops and coastal walks, with a short drive to Cairns city, airport and major amenities.
12. Opportunity suits owner-operators or couples seeking lifestyle change, with flexibility because the manager is not required to live on site.
Management Rights Multiplier: 3.13
ROI Estimate: 18.70%
