Key Investment Insights
1. Exceptional stated ROI of 39.5% on a Business Plus 2.5X multiplier, indicating strong return relative to asking price.
2. Asking price $970,000, net profit $95,000, business value $240,000, demonstrating clear separation between goodwill and managers apartment value.
3. Manager's apartment valued at $730,000, comprising 2 bedrooms, 2 bathrooms, one car space, separate office on title, and pets allowed, offering significant real estate equity.
4. Prime esplanade oceanfront location at Golden Beach, Caloundra, Sunshine Coast, few steps to sand and short walk to restaurants and amenities, high lifestyle appeal for operators and guests.
5. Boutique, small-scale holiday complex of 16 units, with only 6 in the letting pool, supporting personalised management and limited operational complexity.
6. New 25-year accommodation agreement in place, with 25 years remaining, providing long-term contract security for the letting pool.
7. Flexible 1 to 1.5 person operation, no obligation to live onsite and no set office hours, enabling low-labour management or part-time ownership.
8. Manager’s residence can be occupied or rented out to generate additional income, providing operational and revenue flexibility.
9. Low maintenance grounds, ongoing maintenance scheme, and CPI annual review of body corporate salary delivering predictable operating costs and indexed remuneration.
10. Strong guest product, spacious two- and three-bedroom holiday apartments with lift access from secure garage, full kitchens, laundry and large balconies with ocean and Pumicestone Passage views, supporting premium nightly rates.
11. Onsite amenities include pool, BBQ area and WiFi, enhancing guest appeal and occupancy potential.
12. Separate office on title within the managers unit and secure parking, improving business administration convenience and asset utility.
Management Rights Multiplier: 2.53
ROI Estimate: 9.79%
