Key Investment Insights
1. Boutique management rights in a tightly held Sunshine Beach coastal enclave, minutes from the surf club, cafés and beach, supporting strong location appeal.
2. Small letting pool of approximately 8–9 holiday apartments, indicating low operational complexity and a concentrated revenue base.
3. Loyal base of returning guests and well established systems, reducing marketing burden and operational risk.
4. Low maintenance requirements, suitable for newcomers or owner operators seeking flexibility and income stability.
5. Renovated two‑bedroom manager’s residence valued at $1,200,000, offering high quality finishes, generous open‑plan living and a private courtyard with tropical gardens.
6. Manager’s residence includes 2 bedrooms, 2 bathrooms, 1 car space, office on title, and pets not permitted, enhancing on‑site convenience and asset value.
7. Listed price $1,590,000 against net profit $170,000, providing a clear purchase price to earnings snapshot for investors.
8. Remuneration / body corporate salary of $56,460 is disclosed, indicating an additional structured income stream for the manager.
9. Complex comprises 18 total units, with 4 owner‑occupied units, 1 outside agent unit and 3 lockup units, clarifying the competitive and operational landscape.
10. Management agreement originally 25 years with 17 years remaining, offering medium‑term tenure and continuity of management rights.
11. Strong lifestyle selling points coupled with a high‑value manager’s apartment create both income and residential amenity for an owner‑operator buyer.
Management Rights Multiplier: 2.29
ROI Estimate: 10.69%
