Key Investment Insights
1. Price structure clear, $320K management rights plus $650K managers unit, total $970K, net profit $94,108.
2. New 25 year agreements in place, full 25 year term remaining, providing long term income security.
3. Low maintenance, no requirement to live on site, no fixed office hours, suited to absentee or semi present management.
4. Operable by a small 1 to 1.5 person team, attractive for first time manager, semi retired couple, or portfolio buyer.
5. Reliable recurring income from a body corporate salary, remuneration listed at $41,784.
6. Turnkey operation with proactive maintenance program, landscaped low upkeep grounds, and established repeat bookings.
7. Small scale letting pool, 6 units in pool within a 16 unit resort, enabling focused high quality management.
8. Managers apartment valued at $650,000, two bedrooms, two bathrooms, one car space, with option to live in or lease for extra revenue.
9. On title office within the renovated managers residence, providing secure, dedicated workspace.
10. Premier Esplanade oceanfront location at Golden Beach, immediate beach access and spectacular waterfront outlook.
11. Strong amenity offering, lift access from secure garage, heated pool, nearby beachfront parks and BBQ areas, and close to village shops and cafés.
12. Excellent lifestyle appeal, walking and cycling paths, paddle sports on the passage and surf at Kings Beach, supporting high holiday demand.
Management Rights Multiplier: 5.63
ROI Estimate: 7.98%