Key Investment Insights
1. Price $1,590,000, with reported net profit $170,000, indicating a cashflow-positive boutique operation.
2. Manager remuneration/body corporate salary $56,460, separate from net profit, supporting owner operator income.
3. Manager’s apartment valued at $1,200,000, two bedrooms, two bathrooms, one car space, office on title, representing significant on-title asset value.
4. Renovated two‑bedroom manager’s residence with high-quality finishes, generous open-plan living and private courtyard, enhancing lifestyle and on-site accommodation appeal.
5. Small letting pool of nine holiday apartments within an 18‑unit complex, supporting a loyal base of returning guests and simplified operations.
6. Low maintenance requirements and well established systems, making the business suitable for newcomers or owner operators seeking flexibility.
7. Prime Sunshine Beach location moments from the surf club, cafés and beach, supporting strong holiday demand and lifestyle draw.
8. Holiday complex structure includes four owner‑occupy units, one outside agent unit and three lockup units, suggesting a mixed ownership profile and some on-site control.
9. Management agreement originally 25 years with 17 years remaining, providing medium-term income security and transferable contractual term.
10. Boutique scale and close proximity to amenities create potential for premium nightly rates and guest retention through quality accommodation and location.
Management Rights Multiplier: 2.29
ROI Estimate: 10.69%
