Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime Esplanade oceanfront position at Golden Beach, Caloundra, steps from sand, village shops, cafés, dining and waterfront recreation.
2. Management rights generate reported net profit of $94,108, supported by a $41,784 body corporate salary.
3. New 25 year agreements provide long term tenure, with the full 25 year term remaining.
4. Flexible operation requires no live in manager, no fixed office hours and suits a 1 to 1.5 person team.
5. Renovated two bedroom, two bathroom manager’s residence includes a separate on title office and may provide leasing flexibility.
6. Small scale holiday complex comprises 16 units, including six in the letting pool and nine owner occupied units.
7. Resort infrastructure includes a heated pool, secure garage, lift access and landscaped, low upkeep grounds.
8. Spacious two and three bedroom apartments feature full kitchens, laundries, balconies and waterfront outlooks, supporting repeat holiday bookings.
Management Rights Multiplier: 2.34
ROI Estimate: 10.12%