Key Investment Insights
AI generated. Confirm details with the seller.
1. Business only management rights listing, turnkey operation, owner does not need to live on site.
2. Asking price $600,000 for the management rights, net profit reported at $199,899, plus body corporate remuneration $41,380.
3. Intimate 15 unit luxury resort, mix of 1 to 3 bedroom apartments, premium finishes and large balconies with uninterrupted ocean views.
4. High quality in room fittings including gourmet kitchenettes, smart TVs, reverse cycle air conditioning and high speed Wi Fi.
5. Contemporary guest amenities include a heated pool, spa and sauna, BBQ and alfresco entertaining areas, secure undercover parking and landscaped tropical gardens.
6. Strong operational foundation with a professional on site management office, established standard operating procedures and a trained housekeeping and maintenance team.
7. Healthy distribution mix with repeat direct bookings, online travel agent presence and corporate or agency relationships, noted consistent occupancy.
8. Letting pool composition: 9 units in the letting pool, 4 owner occupy units, 1 outside agent unit and 1 lockup unit.
9. Long term management agreement structure, 25 year term originally with 21 years remaining, providing contractual stability.
10. Clear value add opportunities to increase average daily rate and revenue through ancillary services, improved digital marketing and expanded direct booking strategies.