Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit reported at $420,566 annually, indicating strong current cashflow potential.
2. Prime riverfront location on Noosa River, Gympie Terrace, offering high desirability and likely strong demand for holiday accommodation.
3. Manager's expansive three‑bedroom, two‑bathroom townhouse, separate from other units, provides privacy and significant owner-occupied real estate value.
4. Manager's apartment valued at $1,325,000, contributing meaningful intrinsic asset value to the sale.
5. Business value listed at $1,975,000, with the advertisement stating the business is sold.
6. Long-term accommodation agreement, 25 years in total with 22 years remaining, offers contract stability and predictable tenure.
7. Manager’s office on title, supporting professional on-site administration and operational control.
8. High proportion of units in the letting pool, with 18 of 22 units included (advertised as 90%), supporting revenue consistency and scale.
9. Manager remuneration details include a body corporate salary of $67,248, reviewed annually by CPI, adding recurring guaranteed income.
10. Complex amenities include two pools, spa, barbecue areas, undercover parking and WiFi, enhancing guest appeal and premium positioning.
11. Holiday complex of 22 units with only one owner-occupied unit and one outside-agent unit, suggesting cohesive management and lower external competition.
12. Listed operational strengths include ease of operation and room for growth, implying upside potential through active management or marketing.
Management Rights Multiplier: 4.70
ROI Estimate: 12.74%
