Key Investment Insights
1. Long secure agreement, 25 year management term in place expiring 2049, approximately 24 years remaining.
2. High revenue profile, gross revenue more than $850,000 per annum.
3. Strong profitability, annual net profit $468,823.
4. Clear pricing split, asking price $2,275,000 comprising $620,000 for real estate and $1,655,000 for management rights.
5. High online reputation, Booking.com rating 9.6 and ranked among the top 10% of listings globally on Tripadvisor Travelers Choice.
6. Scale and yield potential, 28 of 40 units in the holiday letting pool.
7. Operational flexibility, can be owner operated or run under external management with excellent returns either way.
8. Two adjoining properties operate as one business, offering operational integration and potential efficiencies.
9. Diverse accommodation mix, one, two and three bedroom apartments to cater to varied guest segments.
10. Valuable manager residence, spacious ground floor two bedroom managers apartment valued at $620,000 with exclusive office, manicured lawn, garden beds and sea glimpses.
11. Strong on-site amenities supporting guest experience, pool, spa, games room, BBQ area, pay TV and WiFi.
12. Prime beachfront lifestyle location, Trinity Beach North Queensland, enhancing demand for holiday stays.
Management Rights Multiplier: 3.53
ROI Estimate: 28.33%