Key Investment Insights
1. High-value sale at $9,884,000, with reported net profit of $1,178,000, indicating strong earnings potential for a qualified operator.
2. Additional remuneration/body corporate salary of $405,800, providing a significant separate income stream for managers.
3. Management rights positioned for a partnership model, net profit figures explicitly based on a managing partnership couple, and listing notes suitability for partnership operators.
4. Long-term agreement structure, 25-year accommodation module with 24 years remaining, offering contractual continuity and asset stability.
5. Large holiday complex scale, 236 total units with 90 units in the letting pool, indicating substantial operational volume and revenue channels.
6. Comprehensive resort facilities on-site including pool, spa, sauna, gym, tennis court, games room, BBQ area, WIFI and function facilities, enhancing market appeal to guests.
7. Prime coastal location with abundant sea views and direct access to beach and numerous local attractions such as playgrounds, bowling clubs, shopping, village markets, theme parks, wildlife sanctuaries, hinterland tours and airport access.
8. Manager’s apartment valued at $2,800,000, featuring 5 bedrooms, 4 bathrooms, 2 car spaces, an office on title and pet-friendly status, representing substantial owner-occupied accommodation asset.
9. Listing emphasises a busy work schedule but notes clear upside for an astute manager or partnership, implying operational growth or optimisation opportunities.
10. Sale restricted to suitably experienced and financially qualified operators, signalling a premium, specialised management rights opportunity with limited buyer pool.
Management Rights Multiplier: 5.50
ROI Estimate: 18.18%