Key Investment Insights
1. Listed price $1,250,000 with reported net profit $230,000, indicating a strong EBITDA yield relative to asking price.
2. Manager remuneration/body corp salary $57,000, providing a built‑in owner/manager income stream.
3. Managers apartment valued at $260,000 and both office and reception are on title, adding tangible asset value and operational convenience.
4. Long‑term accommodation agreement of 25 years with 23 years remaining, offering contractual income stability.
5. Complex of 31 units with 17 in the letting pool, signalling room to increase rental yield by growing the pool.
6. Centrally located across from the Broadwater, close to attractions, shopping, restaurants and public transport, enhancing marketability and occupancy potential.
7. Resort facilities include pool, spa, tennis court, BBQ area, WiFi and function facilities, supporting higher nightly rates and guest satisfaction.
8. Fully equipped conference room seating up to 20 delegates provides a distinct revenue diversification opportunity.
9. Adjoining complex maintains shared pool, BBQ and tennis court, reducing onsite maintenance responsibilities and costs.
10. Operational flexibility with no requirement to live onsite and no fixed hours, suitable for absentee ownership or professional management.
11. Secure salary and noted happy return guests imply established repeat business and stable occupancy patterns.
12. Pets allowed, which can broaden market appeal to families and extended-stay guests.
Management Rights Multiplier: 4.30
ROI Estimate: 18.40%
