Key Investment Insights
1. Net profit $150,000 on a $1,590,000 asking price, delivering an advertised return on investment approaching 40% and a 2.6X multiplier.
2. Business value component $390,000 separate from the managers apartment valued at $1,200,000, indicating significant combined asset value.
3. Manager's residence is on title, fully renovated, 2 bedrooms, 2 bathrooms, attached office, huge private outdoor area, pets permitted, enhancing personal and investment appeal.
4. Established management rights with a 25-year original agreement, 16 years remaining, providing long-term income stability.
5. Annual body corporate salary $67,855 with CPI review, supplying predictable remuneration escalation.
6. Low-maintenance grounds and a manageable workload, supported by an established letting business, implying operational ease for incoming owner.
7. Holiday complex of 18 units, with 8 in the letting pool, suggesting immediate income with scope to grow the letting mix.
8. Strong on-site amenities including pool, spa, BBQ area, pay TV and Wi‑Fi, supporting short-stay attractiveness and yield.
9. Prime Sunshine Beach location, only a short stroll to patrolled, uncrowded beach, plus close proximity to Sunshine Beach village, Noosa National Park and Hastings Street, enhancing occupancy and capital growth prospects.
10. Tight, boutique complex size and description of the area as a tightly held holiday destination, supporting long-term capital appreciation.
11. Business marketed as premium management rights in a prestigious coastal destination, positioning it for buyers seeking lifestyle as well as financial returns.
12. Manager's apartment presented as a sought-after prime real estate investment, providing both residence and substantial equity.
Management Rights Multiplier: 2.60
ROI Estimate: 9.43%