Key Investment Insights
AI generated. Confirm details with the seller.
1. Listed price $9,884,000 with reported net profit $1,288,000, indicating a strong return on investment relative to price.
2. Remuneration/body corporate salary of $405,800 in addition to net profit, enhancing total owner income potential.
3. Manager’s apartment on title valued at $2,800,000, five bedrooms, four bathrooms, two car spaces, with an on-title office and pets allowed.
4. Long-dated management agreement: 25 year agreement with 24 years remaining, providing long-term operational stability.
5. Large holiday complex scale, 236 total units with 90 units in the letting pool, offering significant management scope and revenue streams.
6. Comprehensive on-site resort facilities including pool, spa, sauna, gym, tennis court, games room, BBQ area, WiFi and function facilities, supporting high guest appeal and ancillary income.
7. Prime coastal location with abundant sea views and immediate access to beach, family attractions, shopping, markets, theme parks, wildlife sanctuaries, hinterland tours and the airport, enhancing year-round demand.
8. Business positioned for an experienced, financially qualified operator or partnership, with net profit projections based on a managing partnership couple.
9. Manager role offers well-appointed living accommodation but implies a busy work schedule, suggesting hands-on operational commitment is required.
10. Seller disclaimer and note that images do not depict the management rights, indicating purchasers should conduct their own due diligence and inspections.
Management Rights Multiplier: 5.50
ROI Estimate: 13.03%