Key Investment Insights
AI generated. Confirm details with the seller.
1. Total asking price of $2.45 million includes the business and manager’s unit, with reported net profit of $496,870.
2. Two complementary businesses operate together through established systems, offering a straightforward management rights operation suited to a couple.
3. Rainbow Beach coastal location attracts families, couples and adventure travellers throughout the year.
4. Trained staff, established housekeeping and maintenance teams, and existing supplier relationships support a smooth ownership transition.
5. Management agreement has 24 years remaining, with reported body corporate remuneration of $105,891.
6. Letting pool includes 33 apartments within a 45 unit resort complex.
7. Three bedroom, two bathroom dual key manager’s residence offers flexibility for family, home office or guest accommodation.
8. Manager owned studio apartment currently generates an additional $45,000 in rental income.
9. Guest facilities include a solar heated pool, gym, playground, multiple barbecue areas, complimentary WiFi and laundry facilities.
10. Self contained apartments feature air conditioning, fresh linen and fully equipped kitchens, appealing to families and longer stays.
11. Loyal repeat guests provide an established customer base, with scope to grow through increased occupancy.
Management Rights Multiplier: 4.93
ROI Estimate: 20.28%