Key Investment Insights
1. Absolute beachfront location at Currumbin Beach, positioned in a tightly held Southern Gold Coast precinct, premium coastal appeal.
2. Proven high net profit, reported net profit $500,142 annually.
3. Attractive pricing and return metrics, asking price $3,200,000 with a stated 22% ROI on the business.
4. Business value separated from managers unit, business value $2,255,000; managers apartment valued at $945,000 and included on title.
5. Long secure tenure, Accommodation Module agreements with 25 year term and 23 years remaining.
6. Letting pool scale and family appeal, 22 apartments in the letting pool including nine 3‑bedroom units, rare and sought after for families.
7. Strong demand and occupancy support, consistent repeat clientele and excellent online reviews cited.
8. Simple, well-run operation suited to a single operator, caretaking duties uncomplicated with option to subcontract onsite caretaker.
9. Flexible lifestyle options, incoming manager may reside in the spacious two bedroom, two bathroom managers residence or live offsite.
10. Onsite infrastructure and title inclusions, separate office and reception included on title, supportive body corporate with CPI annual salary review.
11. Clear growth upside, opportunity to increase income by converting external letting appointments into the onsite pool.
12. Resort-style amenities enhancing guest appeal, complex features pool, spa, tennis court, BBQ area, Pay TV and WiFi.
Management Rights Multiplier: 4.51
ROI Estimate: 15.63%