Key Investment Insights
1. Inner-city Brisbane location on an elevated site with sweeping views, positioned in a highly connected lifestyle precinct.
2. Mixed-use asset combining permanent residences, short-stay accommodation, a fully equipped conference and events centre, and an onsite coffee shop.
3. Strong occupancy demand across both short-term and long-term letting, supporting reliable revenue streams.
4. Resort-style facilities including rooftop deck, pool, sauna, gym and secure parking, enhancing guest appeal and marketability.
5. Onsite conference and events centre, versatile and light-filled, offering additional revenue and corporate market exposure.
6. Manager’s residence is spacious and private with modern finishes, two bedrooms, two bathrooms, one car space, valued at $750,000.
7. Established long-term agreement structure, 25-year term with 22 years remaining, indicating contractual stability and predictable income.
8. Attractive financials, total asking price $5.75M comprised of $2.44M management rights, $750k unit, and $2.56M buildings, net profit $804,068.
9. Significant owner-occupier presence with 103 owner-occupy units, total complex size 230 units, 63 units in the letting pool and 61 managed by outside agents.
10. Management remuneration and body corp salary of $383,350, representing a substantial owner-operator cash return.
11. Caffe onsite generates its own profit and is excluded from the presented P&L, indicating potential additional income or valuation upside.
12. Listing highlights secure agreements and consistent income with stated room for growth, reflecting both lifestyle appeal and investment upside.
Management Rights Multiplier: 6.22
ROI Estimate: 13.98%
