Key Investment Insights
1. Prime waterfront position overlooking Great Keppel Island and the Southern Great Barrier Reef, with short walk to Rosslyn Bay ferry terminal.
2. Strong financial performance, reported net profit $574,431.
3. Long-term income security via 25-year management agreements, with 20 years remaining.
4. Additional guaranteed remuneration via Body Corporate salary $113,720 including GST.
5. Resort facilities include a lagoon pool with bar, garden area for weddings and functions, plus paddleboard and bike hire.
6. Complex scale offers 56 total units, 43 units in the onsite letting pool (42 holiday rentals and one permanent rental).
7. Low proportion of owner-occupied units, only four owner-occupy plus one manager unit, supporting high rental inventory.
8. Onsite commercial mix includes eight separate businesses, notably a licensed restaurant, conference facilities, beauty spa and yoga centre, enhancing guest appeal and revenue opportunities.
9. Management residence is a freehold three-bedroom, two-bathroom apartment valued at $650,000, with office on title, private courtyard and upstairs balcony with ocean views, and pets permitted.
10. Local tourism upside from Yeppoon’s major growth and expanding dining and hospitality options.
11. Regional infrastructure improvements on Great Keppel Island, including new desalination and sewerage plants and a visitor centre, likely to boost visitation and guest experience.
12. Listing status indicates Sold & Settled, confirming recent transaction completion and market demand.
Management Rights Multiplier: 3.05
ROI Estimate: 23.93%