Key Investment Insights
AI generated. Confirm details with the seller.
1. Established management rights business reporting $320,262 net profit and $189,429 remuneration or body corporate salary.
2. Long dated onsite management agreement with 22 years remaining provides operational tenure and security.
3. Established letting pool includes 47 units within a 123 unit permanent complex.
4. Additional revenue streams include housekeeping, key collection and guest services.
5. Turnkey package includes letting agreements, Resly booking system, phone and booking systems, guest database and supplier contracts.
6. Experienced onsite team, operational manuals and streamlined procedures support an orderly handover.
7. Managers’ residence offers four bedrooms, two bathrooms and two car spaces, with a stated value of $960,000.
8. Coastal location is within walking distance of beaches, cafes and local amenities.
9. Well maintained complex offers studios through to multi bedroom apartments attracting families, couples and corporate guests.
10. Strong guest reviews, disciplined maintenance programs and solid occupancy metrics are stated to support reliable earnings.
11. Potential growth avenues include digital marketing, online travel agencies, corporate packages, curated tours, transfers, food, beverage and retail offerings.
Management Rights Multiplier: 5.11
ROI Estimate: 12.34%