Key Investment Insights
1. Net profit $323,920, with a reported 15.5% ROI.
2. Body Corporate remuneration/salary $136,477 following a CPI increase, indicating rising recurring returns.
3. Agreement term 25 years, with approximately 21 years remaining, and a newly approved Top‑Up that secures an extended term of about 21.5 years.
4. Resort comprises 37 apartments, including 24 units in the letting pool, providing a solid income base.
5. Owner occupy units 12, lockup units 1, showing mixed tenure that supports stability and management flexibility.
6. Manager’s unit valued at $875,000, configured as 3 bedrooms and 2 bathrooms, with 1 car space and an attached office on title, offering on‑site residency and operational convenience.
7. Strong resort appeal via on‑site amenities, including a sparkling inground pool and tennis court, enhancing guest experience and yield potential.
8. Prime location at Point Lookout, elevated site amid Pandanus palms with breathtaking ocean views and whale watching, driving repeat visitation from families.
9. Described as profitable and lifestyle‑focused, suitable for investors, management groups or owner operators seeking an island resort business.
10. Listed as under contract or offer, signalling active buyer interest and market demand for island resort assets.
11. Combination of established cashflow and scope for growth, due to substantial letting pool and high appeal amenity mix.
Management Rights Multiplier: 3.47
ROI Estimate: 16.20%
