Point Lookout, Queensland

Iconic Island Resort – Profitable Business, Unparalleled Lifestyle

SOLD

Business Description

Tropical Island Resort – Profitable Business, Unparalleled Lifestyle

Secure your dream island business with this exceptional resort opportunity. Boasting a net profit of over $323k and an impressive 15.5% ROI, Pandanus Palms Holiday Resort offers a rare combination of financial strength and an idyllic lifestyle. Perched high at Point Lookout, this established resort is surrounded by lush Pandanus Palms and enjoys breath taking ocean views.

Financial Stability: With a CPI increase in January bringing the Body Corporate salary to $136k and a newly approved Top-Up extending agreements to a secure 21.5 years, this business offers reliable returns and long-term security.
Solid Income Base: The resort comprises 37 apartments, including 24 holiday lets, ensuring a steady income stream with room for growth.
Resort Appeal: Guests love the sparkling inground pool, tennis court, and spacious, modern apartments, all set against a backdrop of stunning coastal vistas.
Manager’s Living Quarters: A comfortable and well-appointed 3-bedroom, 1.5-bathroom unit with an attached office on title offers convenience and direct access to the business.
Island Paradise: This business is an exceptional opportunity for investors, management groups, or individuals seeking a profitable venture in a dream location. With its stunning views, whale watching, and laid-back island lifestyle, the resort attracts returning families year after year, making it a reliable and rewarding investment.

Island businesses with this level of profitability and lifestyle appeal are rarely available. Contact us today to arrange your inspection and secure this extraordinary opportunity.

Ras360 – Management Rights | Motels | Hotels | Pubs | Parks

Business Summary

Business Snapshot

Price: SOLD Net Profit: $323,920 Remuneration / Body Corp Salary: $136,477

Managers Unit

Value of Managers Apartment: $875,000Bedrooms: 3Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 37Total Units in Letting Pool: 24Owner Occupy Units: 12Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 21 years

Marketing Agent

Malcolm O'Farrell

0423 09....

Ras360

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%