Key Investment Insights
1. Very high reported net profit of $376,120, listed at a multiplier of 4.01.
2. Asking price $2,450,000, with the manager’s apartment valued separately at $940,000.
3. Long secure contract structure, 25-year management agreement in place with 22 years remaining.
4. Guaranteed Body Corporate salary of $62,347 plus GST, with annual CPI increases, providing stable base income.
5. Portfolio of 20 high-return holiday rental units, with one permanent tenancy included in the letting pool.
6. Low operational workload, simple duties and an efficient, well-established management operation.
7. Modern, low-maintenance waterfront building offering first-class beachfront living and strong holiday bookings.
8. Spacious 3-bedroom manager’s residence with exclusive-use office, two secure car spaces, private courtyards, pets permitted on approval.
9. Onsite complex amenities including pool, gym and BBQ area, enhancing guest appeal and rental performance.
10. Prime Brisbane North beachfront location, close to beach, parks, shops and restaurants, supporting high occupancy and convenience.
11. Rarely available management rights opportunity, positioned as an exceptional investment and lifestyle package.
Management Rights Multiplier: 4.01
ROI Estimate: 24.91%
