Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit $323,920, demonstrating clear profitability.
2. Reported return on investment of 15.5%, indicating strong yield for buyers.
3. Body Corporate salary/remuneration at $136,477 following a CPI increase, supporting stable cash flow.
4. Long-term management agreement security, with a 25-year original term and approximately 21 years remaining; listing references a newly approved Top-Up extending coverage to about 21.5 years.
5. Managers unit on title valued at $875,000, 3 bedrooms, 2 bathrooms and 1 car space, providing substantial residential asset value.
6. Resort comprises 37 total units, including 24 holiday lets, 12 owner-occupied units and 1 lockup unit, offering a diversified income mix.
7. Strong guest appeal from facilities such as a sparkling inground pool, tennis court and spacious modern apartments, supporting repeat visitation.
8. Premium location at Point Lookout with elevated ocean views, lush Pandanus setting and whale-watching appeal, enhancing marketing and premium rates potential.
9. Manager’s living quarters include an attached office on title, delivering operational convenience and on-site management capability.
10. Listing shows price status as SOLD, signalling the opportunity has been transacted and rarity of comparable island resort offerings.
Management Rights Multiplier: 3.47
ROI Estimate: 16.20%
