Key Investment Insights
1. Massive price reduction, current asking price $1,452,872, vendors motivated to sell.
2. Business offered at a low multiplier of 2.95x, positioned as a value buy for investors.
3. Net profit $190,804, with additional remuneration/body corporate salary $58,724, salary reviewed annually by CPI.
4. Prime Rainbow Bay location at the southern tip of the Gold Coast, short stroll to Coolangatta and Tweed Heads amenities.
5. Strong tourism drivers including major sporting events, concerts and world‑class surf breaks, supporting repeat holiday trade.
6. Easy to run operation, no set office hours, promotes strong work‑life balance for managers.
7. Managers apartment on title valued at $890,000, 2 bedrooms, 2 bathrooms, ground floor with private courtyard, office attached, 1 car space, pets allowed.
8. Long accommodation management agreement originally 25 years, 23 years remaining, providing long‑term contract security.
9. Medium‑sized holiday complex with 36 units, 18 units in the letting pool, 10 owner‑occupied, 4 with outside agents, 3 lockup units.
10. Onsite guest amenities include pool, spa, BBQ area and WiFi, enhancing guest appeal and occupancy potential.
11. Attractive package for owner‑operator model given manager unit on title and on‑site office, simplifying management logistics.
12. Market positioning emphasises immediate sale potential and clear investment upside due to pricing and vendor motivation.
Management Rights Multiplier: 2.95
ROI Estimate: 13.13%
