Key Investment Insights
1. Very high net profit of $376,120, signalling strong cashflow from holiday bookings.
2. Asking price $2,450,000 includes the manager’s 3‑bedroom modern beachfront apartment valued at $940,000, providing owner-occupier value capture.
3. Long security of tenure with a 25-year management agreement in place and approximately 22 years remaining.
4. Body Corporate salary of $62,347 plus GST, with annual CPI increases, delivering indexed recurring income.
5. Compact high-yield portfolio of 20 holiday rentals, with one permanent letting in the pool, concentrating revenue streams.
6. Simple duties and low workload, indicating an operationally efficient, well-established business model.
7. Modern, low-maintenance waterfront building, reducing deferred capital expenditure and upkeep risk.
8. Strong onsite amenity package including pool, gym and BBQ area, enhancing guest appeal and occupancy potential.
9. Prime beachfront location close to beach, parks, shops and restaurants, supporting year‑round demand and premium rates.
10. Spacious manager’s residence with exclusive-use office, two car spaces, two private courtyards and pets permitted on approval, offering lifestyle and operational convenience.
11. Sale described as a rare opportunity, implying limited market supply for similar waterfront management rights.
12. Business listing presents a turnkey offering with established systems and strong holiday bookings, facilitating a smooth ownership transition.
Management Rights Multiplier: 4.01
ROI Estimate: 24.91%
