Key Investment Insights
1. Premier permanent management rights for a top-tier complex in Hervey Bay, signalling strong market positioning.
2. Caretaking only model, no real estate licence required, reducing regulatory complexity for buyer.
3. Low maintenance grounds and resort-style pool, implying manageable upkeep and attractive resident amenities.
4. Included house-sized townhouse, configured as 3 bedrooms, 2 bathrooms and 2-car parking, providing substantial owner accommodation or rental potential.
5. Caretaking workload approximately 20 hours of light duties per week, supporting a lifestyle-oriented ownership model.
6. Walkable location to shops, waterfront and club, enhancing resident appeal and convenience.
7. Business offered below market value for immediate sale due to unforeseen circumstances, indicating potential acquisition upside.
8. Reported net profit in excess of $80,000, providing clear income generation.
9. Asking price $999,000 inclusive of manager's real estate, clarifying total purchase cost.
10. Opportunity combines income stream with owner-occupier benefits, enabling both cashflow and lifestyle use.
11. Appears turnkey with existing caretaking agreement available now, facilitating a swift ownership transition.
Management Rights Multiplier: 2.49
ROI Estimate: 8.06%