Key Investment Insights
1. Two complementary businesses under one management rights package delivering dual income streams, labelled as turnkey with proven performance and repeat guests.
2. Strong reported net profit of $550,000 against an asking price of $2,450,000, implying a low purchase multiplier and attractive return potential.
3. Separate business value quoted at $1,800,000, with the manager’s real estate included in the sale, enhancing asset-backed security.
4. Manager’s remuneration and body corporate salary of $113,280 providing an additional, disclosed income component.
5. Long-term accommodation agreement, 25 year term with 24 years remaining, offering operational security and stability.
6. Manager’s residence is a spacious dual-key apartment (two-bedroom unit plus one-bedroom studio), three bedrooms in total, two bathrooms, exclusive office use, pets permitted, and converted carport for linen and storage, offering flexibility for owner-occupation or supplementary income.
7. Complex scale and tenancy profile: 45 total units, 33 in the letting pool, 7 owner-occupied, 1 outside agent, 3 lockup units, indicating a substantial managed inventory and potential for occupancy optimisation.
8. Onsite facilities include pool, gym, games room and BBQ area, supporting holiday-market appeal and repeat visitation.
9. Positioned in Rainbow Beach on Queensland’s Sunshine Coast, a sought-after coastal destination with year-round holiday demand and strong lifestyle appeal.
10. Operationally simple and ideally suited to a husband-and-wife team, with established systems and a stated opportunity to increase occupancy and profitability.
Management Rights Multiplier: -7.36
ROI Estimate: 22.45%