Key Investment Insights
1. Circa 19% ROI advertised, indicating strong return potential for investors.
2. Located on K’gari Fraser Island, a UNESCO World Heritage site attracting over 1.1 million visitors annually, supporting steady demand.
3. Only fully self contained holiday accommodation venture on Fraser Island, comprised entirely of standalone beach houses, reducing direct competition.
4. Complex comprises 27 beach houses, with 18 currently in the letting pool and another joining shortly, providing immediate income.
5. Two new dwellings approved for construction, offering built in growth and enhanced long term asset value.
6. Full 25 year management agreements in place, with 25 years remaining, delivering long term revenue security.
7. Net profit recently increased from $453,000 to $472,773, demonstrating business growth.
8. Remuneration/body corporate salary of $189,369, providing clear owner/operator earnings separate from net profit.
9. Sale price structured as $1.65M for management rights plus an $850,000 manager’s unit, total $2.5M, enabling purchaser flexibility.
10. Manager’s apartment valued at $850,000, featuring three bedrooms, three bathrooms and two car spaces, supporting on site living.
11. Strong location appeal with natural attractions including freshwater lakes, rainforests, pristine beaches and seasonal humpback whale migration directly offshore, a notable guest draw that encourages repeat stays.
12. Mixed unit management structure includes six outside agent units, one owner occupy unit and one lockup unit, allowing opportunities to expand the letting pool and revenue through conversion or acquisition.
Management Rights Multiplier: 3.49
ROI Estimate: 18.91%