Key Investment Insights
1. Blue-chip Shelly Beach location, moments from the sand and within walking distance to coastal walking trails and local cafés.
2. Rare flexibility in living arrangements, no requirement to reside onsite; owners can live nearby, lease the manager’s unit, or operate remotely.
3. Price split clearly stated, $1.025M for management rights and $750K for the manager’s unit, total $1.775M.
4. Strong reported net profit of $278,895, with remuneration/body corporate salary shown as $51.
5. Long-term income security via a recently renewed 10-year agreement with CPI-linked remuneration.
6. Agreement term remaining approximately 9 years, providing predictable revenue for the medium term.
7. Proven holiday letting performer with an established letting pool, consistent demand from holidaymakers and returning guests.
8. Full letting pool coverage, 20 total units with all 20 in the letting pool.
9. Resort amenity package supports occupancy and guest appeal, including swimming pool, heated spa, full-size tennis court, landscaped gardens, barbecue facilities and secure parking.
10. Manager’s apartment valued at $750,000, comprising 3 bedrooms, 1 bathroom and 1 car space, offering owner accommodation or rental income.
11. Clear upside opportunity to unlock additional income by introducing real estate sales within the complex, a revenue stream not actively pursued by current owners.
Management Rights Multiplier: 3.68
ROI Estimate: 15.71%