Key Investment Insights
AI generated. Confirm details with the seller.
1. Established management and letting rights business with a decade of owner operated history and a 25 year agreement, with 20 years remaining.
2. Reported net profit of $326,571, management remuneration of $141,005 plus GST, and a stated 16.4% return on investment.
3. The 68 apartment waterfront resort offers studios through three bedroom residences, pools, spa facilities and communal entertaining areas.
4. The 18 unit letting pool comprises mostly holiday bookings, supported by strong occupancy and a loyal repeat guest base.
5. Operations are streamlined through online booking platforms, major holiday rental websites, outsourced cleaning and linen services, and no required office hours.
6. Modern reception facilities and a dedicated on title back office support efficient day to day management.
7. Flexible management residence options include no requirement to live onsite, while the three bedroom manager’s apartment includes two car spaces.
8. Located in Golden Beach, Caloundra, the business benefits from waterfront positioning, scenic beaches and the region’s expanding tourism profile.
9. The manager’s apartment is offered at $850,000, below its stated 2022 industry valuation of $920,000.
10. Caloundra’s anticipated 2032 Olympics related development and tourism growth provide a stated basis for future regional potential.
Management Rights Multiplier: 3.51
ROI Estimate: 16.37%