Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime Mooloolaba coastal location, short walk to the beach and wharf, strong tourism catchment.
2. Business-only sale, no manager’s unit to buy, simplifies acquisition and lowers upfront property cost.
3. Long-term agreements in place, 25-year term with 24 years remaining, providing revenue continuity.
4. Asking price $465,000, net profit $133,082, indicating clear current profitability.
5. Owner remuneration/body corporate salary $50,663, showing an established cash benefit to an owner-operator.
6. Operation described as easy to run and suitable for a single operator, no office hours required.
7. Repeat guest base and smooth day-to-day operations, signalling good guest satisfaction and operational stability.
8. Complex comprises 18 units, with 8 units in the letting pool, giving the business a defined share of overall inventory.
9. Additional complex mix: 6 owner-occupy units, 1 outside agent unit, 2 lockup units, suggesting limited external competition within the complex.
10. Positioned to benefit from booming tourism, offering growth upside for marketing or portfolio expansion.