Key Investment Insights
1. Prime beachfront location on the esplanade opposite Hervey Bay’s best beach, with million‑dollar views across the Bay to Fraser Island.
2. Four‑star, fully self‑contained apartments designed for holiday stays, enhancing guest appeal and revenue potential.
3. 30 spacious, tastefully appointed units with large balconies, 28 of which are in the letting pool, supporting scale of operations.
4. Council zoning restricts to short‑stay only with no owner‑occupiers permitted, providing significant letting pool stability.
5. Strong financials, listed price $2,895,000 with reported net profit $489,869 and remuneration/body corporate salary $69,413.
6. Two managers’ units included, including a 2‑bedroom studio returning $58,564 to the manager that is not included in the net profit figure.
7. Managers’ apartment on title valued at $690,000, three bedrooms, two bathrooms, one car space, offering owner accommodation value or resale potential.
8. Separate office included on title, supporting professional management and on‑site administrative capability without occupying a unit.
9. Long management agreement framework, 25‑year agreement with 24 years remaining, providing operational continuity.
10. High guest return rate and easy to maintain property, indicating strong repeat business and lower operational complexity.
11. Walking distance to renowned beaches and local attractions, enhancing occupancy drivers and seasonal demand.
12. Positioned as suitable for a start‑up or experienced management couple, signalling accessible operations and transferable management model.
Management Rights Multiplier: 4.50
ROI Estimate: 16.92%
