Key Investment Insights
1. Holiday Management Rights for a beachfront Trinity Beach property in North Queensland, offering lifestyle and income potential.
2. 28 of the 40 units are in the holiday letting pool, representing 70 percent of the complex.
3. Long-term agreements with 23 years remaining, expiring 2049, providing contractual revenue stability.
4. Reported annual net profit $472,917, indicating strong cashflow.
5. Asking price $2,275,000 inclusive of the manager’s real estate, implying a purchase that includes the managers apartment.
6. Implied net profit yield of approximately 20.8 percent based on net profit versus asking price.
7. Managers apartment valued at $620,000, 2 bedrooms, 2 bathrooms, private office, single car space, pets permitted, ground floor with manicured lawn and sea glimpses.
8. High online reputation, Booking.com rating 9.6 and ranked in the top 10 percent of Tripadvisor Traveller’s Choice listings globally, supporting premium pricing and repeat bookings.
9. Two adjacent properties operated as one business, creating scale and operational efficiencies.
10. Apartment mix of one, two and three bedroom layouts, enabling appeal to diverse guest segments and occupancy strategies.
11. Onsite amenities include pool, spa, games room, BBQ area, pay TV and WiFi, enhancing guest experience and competitive positioning.
12. Business can be owner operated or externally managed, offering flexibility in operational model and buyer preferences.
Management Rights Multiplier: 3.50
ROI Estimate: 20.79%