Key Investment Insights
1. Low maintenance operations, no shared recreational facilities and no office hours required, resulting in straightforward, low cost caretaking and predictable routines.
2. Stable reported net profit of $185,270, plus a Body Corporate salary of $111,211, providing a strong, inflation protected base income via CPI linked increases.
3. Sale package price structured as $870,000 for the management rights and $880,000 for the manager’s unit, total $1.75 million.
4. Manager’s three bedroom townhouse is on title, includes an on title office and private courtyard, offering compliant workspace without intruding on living areas.
5. Manager’s unit can be owner occupied for immediate lifestyle benefits, or leased to generate an estimated $44,000 per annum of additional revenue not included in advertised net profit.
6. Long dated Accommodation Module agreements underpin tenure, listed as a 25 year agreement term with 24 years remaining, delivering contractual income security and predictable occupancy management.
7. Permanent complex of 73 units, with a current letting pool of 28 units and 38 owner occupied units, indicating scope to expand the letting pool and grow revenue.
8. Consistent demand for short term and longer stay lettings, low vacancy risk and dependable booking flow, supporting reliable cashflow.
9. Ability to operate the business from home, keep overheads low, and pursue modest growth through expanding the letting pool or adding ancillary services.
10. Prime Sunshine Coast location in Brightwater, described as tightly held and close to reputable schools, major shopping centres and top beaches, supporting occupancy demand and medium to long term capital growth.
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Management Rights Multiplier: 4.70
ROI Estimate: 10.59%