Key Investment Insights
AI generated. Confirm details with the seller.
1. Generates $437,168 annual net profit, supported by consistent bookings, solid occupancy and an established reputation for quality guest service.
2. Absolute beachfront position with direct beach access, heated outdoor pool and BBQ area supports the resort’s ongoing guest appeal.
3. Twenty years remain on the accommodation agreement, providing long term operating tenure with supportive body corporate arrangements.
4. The operation is designed for a two person team and is currently managed by one operator.
5. Potential exists to pursue bringing 11 lock up apartments into the holiday letting pool, beyond the current 16 participating units.
6. Includes a three bedroom, two bathroom manager’s residence with ocean views, beachfront garden access, spa bath and air conditioning.
7. The manager’s residence includes one car space, an office on title and pets are permitted.
8. The complex comprises 33 units, with 16 currently in the letting pool, four owner occupied and two managed by an outside agent.
Management Rights Multiplier: 4.12
ROI Estimate: 11.21%