Key Investment Insights
AI generated. Confirm details with the seller.
1. Net operating profit reported at $241,000 p.a., indicating established cashflow.
2. Agreement structure long-term, 25-year agreement with 18 years remaining, providing income security.
3. Manager’s luxury refurbished 3-bedroom unit with rooftop terrace included, facilitating onsite management and owner occupancy.
4. Remuneration/body corporate salary over $88,000 p.a., CPI annual salary review, adding predictable personal income.
5. Business price points listed: Business $1,100,000, Manager’s Unit $1,899,950, combined Offers Over $2,999,950, clarifying acquisition and residential valuation components.
6. Complex size 36 units, with 17 units in the letting pool and 16 holiday units, showing scale and existing short-stay operation.
7. Operational mix includes 7 owner-occupy units and 5 outside-agent units, implying partial owner investment and external marketing presence.
8. Onsite amenities include a pool, BBQ area and WiFi, supporting guest experience for holiday accommodation.
9. Pet-friendly policy for the manager’s unit once approved, enhancing owner-occupier flexibility.
10. Strong regional growth catalysts noted: Olympics 2032, greenfield CBD with convention centre, rail to Brisbane, hospital, international airport expansion, and multiple tourist attractions approved, suggesting rising demand for accommodation.
11. Market dynamics favourable, citing major accommodation shortages and the nation’s highest internal migration rate, implying pressure on bed supply and potential revenue upside.
12. Attractive funding models available and an invitation to consult industry contact, signalling seller support for buyer financing and transition.
