Key Investment Insights
1. Motivated vendors with a significant price reduction, offering immediate negotiation potential.
2. Low 2.95x multiplier, indicating strong value relative to earnings.
3. Net profit of $190,804, with business value stated at $562,872.
4. Full asking price shown as $1,452,872, reflecting inclusion of manager’s residence valuation.
5. Manager’s on-title 2-bedroom, 2-bathroom apartment valued at $890,000, ground-floor with private courtyard, office attached, one car space and pets permitted.
6. Body corporate remuneration of $58,724, reviewed annually by CPI, providing a stable indexed income stream.
7. Long accommodation agreement, 25 years term with 23 years remaining, delivering contractual longevity.
8. Holiday complex of 36 units, 18 units in the letting pool (50% of the complex), 10 owner-occupied, 4 managed by outside agents, 3 lockup units.
9. Prime Rainbow Bay beachside location, short walk to Coolangatta and Tweed Heads amenities, strong surf and tourism appeal.
10. Strong repeat guest base and year-round demand, supporting occupancy stability and revenue predictability.
11. Easy-to-run operation with no set office hours, supporting low operational complexity and lifestyle benefits.
12. On-site amenities including pool, spa, BBQ area and WiFi, enhancing guest appeal and competitiveness.
Management Rights Multiplier: 2.95
ROI Estimate: 13.13%
