Key Investment Insights
1. Price structured as $1.2M for management rights plus $650k for the managers unit, total $1.85M.
2. Reported net profit $310,000, indicating strong cashflow for a coastal holiday operation.
3. Managers apartment valued at $650,000, three bedrooms, two bathrooms, one car space, providing on-site owner accommodation and asset value.
4. Remuneration and body corporate salary reported at $61,618, separate to net profit.
5. Turnkey operation with established systems, trained staff, in-place housekeeping and maintenance teams, and supplier relationships enabling immediate income.
6. Complex is a resort/holiday type with 30 total units, 22 in the letting pool, three owner-occupy units, three outside agent units, and two lockup units.
7. Long-term management agreement of 25 years, with 25 years remaining, offering contractual stability.
8. Diverse on-site amenities including solar-heated pool, gym, kids playground, multiple BBQ areas, complimentary WiFi and laundry, supporting premium rates.
9. Self-contained apartments with air-conditioning, fresh linen and fully equipped kitchens appeal to families and longer stays, boosting ADR and repeat bookings.
10. Prime location within easy walking distance of patrolled beaches, cafés, clubs, shops and scenic walking tracks, enhancing guest convenience and occupancy.
11. Direct proximity to attraction-based experiences such as 4WD Great Beach Drive, scuba diving, surfing, paragliding and horse riding, creating ancillary revenue and cross-promotion opportunities.
12. Identified growth levers include targeted digital marketing, enhanced guest packages, dynamic pricing, mid-week corporate campaigns and modest property upgrades to lift nightly rates.
Management Rights Multiplier: 3.87
ROI Estimate: 16.76%