Key Investment Insights
1. Net profit $322,693, with asking price $2,665,000, inclusive of the manager’s real estate.
2. Manager’s apartment valued at $1,150,000, comprising 3 bedrooms, 3 bathrooms, two car spaces, exclusive office/reception and large courtyard.
3. Remuneration includes a body corporate salary of $111,943, providing a risk‑free income component.
4. Profitable management rights portfolio of 57 units, with 28 units in the letting pool and 22 owner‑occupiers.
5. Long‑dated service agreements, standard module with a 10‑year term and approximately nine years remaining, underpin stable cashflow.
6. Low workload and systemised operations, described as easy to run and suitable for experienced or first‑time operators.
7. Strong on‑site amenity offering, including heated pool, spa, sauna, viewing decks and multiple BBQ areas, enhancing guest appeal.
8. Prime coastal location in Port Macquarie, circa 390–420 km north of Sydney, walking distance to local attractions and comprehensive ocean views from upper levels.
9. Built circa 2004, architecturally designed medium‑rise strata of brick/render with concrete roof, suggesting modern infrastructure and low maintenance.
10. High lifestyle and tourism upside, positioned in a growing mid‑North Coast market with surge in domestic tourism and regional affordability.
11. Financial resilience and lender appeal, noted as a safe investment due to long‑term contracts and underlying real estate.
12. Turnkey sale including manager’s real estate and established online exposure across major booking platforms, supporting consistent guest demand.
Management Rights Multiplier: 4.69
ROI Estimate: 12.11%