Key Investment Insights
1. Price split provides clear entry points, $255K for management rights and $900K for the managers’ unit, total $1.125M.
2. Reported net profit $100,533, indicating a positive trading history.
3. Reported remuneration or body corporate salary $57,294, showing direct cash income to managers.
4. Managers’ residence is a fully renovated three bedroom, two bathroom unit valued at $900,000, located adjacent to reception for immediate oversight.
5. Resort amenities include beautifully maintained grounds, a heated swimming pool and a spa, features that support bookings and guest satisfaction.
6. Property attracts year round holidaymakers and repeat guests, supporting steady demand and occupancy potential.
7. Direct access to the Noosa River offers lifestyle and guest-appeal benefits for paddleboarding, boating and fishing.
8. Convenient location with nearby shopping, dining and outdoor activities enhances guest draw and manager lifestyle.
9. Complex comprises 21 total units, with 10 in the letting pool and eight owner occupy units, indicating a balanced revenue mix.
10. Two lockup units and one outside agent unit noted, implying some revenue and operational segregation.
11. Agreement term remaining 17 years with stated potential to top up to 25 years, providing contractual security and long term value potential.
Management Rights Multiplier: 2.24
ROI Estimate: 8.94%