Key Investment Insights
1. Prime Gold Coast location, minutes’ walk to Rainbow Bay and Twin Towns entertainment complex, walk-to-everything beaches, dining and entertainment.
2. Long-term agreement providing security, 25-year term with approximately 23 years remaining.
3. Strong financials, net profit reported at $190,804, plus Body Corporate remuneration of $58,724.
4. Sale structure clearly stated, $562k for management rights and $890k for the managers’ unit, total $1.452M.
5. Solid letting pool and repeat clientele, 36-unit resort with 18 units in the letting pool supporting steady occupancy.
6. Complex presented in immaculate condition with a standout entertainment-style pool zone, enhancing guest appeal and repeat stays.
7. Low operational burden, minimal day-to-day requirements and no Body Corporate set office hours, enabling flexible lifestyle ownership.
8. Efficient manager’s residence, two bedrooms and two bathrooms, direct internal access to the office and two car spaces for convenience.
9. Security and convenience features include office CCTV monitoring and secure undercover parking, allowing remote oversight if desired.
10. Pet-friendly residence and family- or single-operator suitability, offering lifestyle flexibility for owner-operators.
11. Ownership mix and management context apparent, 11 owner-occupy units, four outside agent units and three lockup units, indicating diversified on-site tenure.
Management Rights Multiplier: 2.95
ROI Estimate: 13.14%