Key Investment Insights
1. Absolute beachfront location at Currumbin Beach, positioned in a tightly held Southern Gold Coast precinct offering strong location appeal.
2. Listed price $3,338,000 with proven net profit $500,142, indicating high net income potential.
3. Manager’s apartment valued at $945,000, two bedrooms and two bathrooms, included on title providing onsite residence or saleable asset.
4. 45-apartment holiday complex with strong guest demand, excellent online reviews and consistent occupancy supported by repeat clientele.
5. Letting pool currently 22 units, with 17 owner‑occupied units and five external agents, creating clear upside by converting outside appointments into the onsite pool.
6. Long-term tenure security with Accommodation Module agreements originally 25 years and 23 years remaining.
7. Body corporate salary $74,909 with annual CPI review, providing a stable, indexed income component.
8. Simple, well‑run operations suited to a single operator, with option to retain a subcontracted onsite caretaker for lifestyle flexibility.
9. Separate office and reception included on title, supporting onsite administration and revenue capture.
10. Supportive Body Corporate and streamlined systems with experienced staff, making day-to-day management straightforward and scalable.
11. Resort amenities including pool, spa, tennis court, BBQ area, pay TV and WiFi enhance guest experience and letting appeal.
12. Inspections by appointment only, reflecting a controlled sale process and established management rights business.
Management Rights Multiplier: 4.78
ROI Estimate: 14.98%