Key Investment Insights
1. Absolute beachfront location in the heart of Tugun Village, Southern Gold Coast, positioned to attract year‑round holidaymakers and benefit from rapid local development.
2. High reported net profit of $567,504, indicating strong cashflow for investors.
3. Managers unit valued at $1,100,000, fully renovated 3 bedroom 2 bathroom ground‑floor apartment, office on title, pets allowed, one car space and exclusive storage, located steps from the beach.
4. Accommodation module with long agreements, 25‑year agreement term with approximately 21 years remaining, providing contractual income stability.
5. Reliable mixed letting business with significant letting pool, approximately 48–49 units currently in the holiday pool and further units slated to join, supporting growth potential.
6. Recent capital works completed, including full repaint and swimming pool refurbishment, improving presentation and reducing immediate CAPEX needs.
7. Manageable caretaking duties coupled with a substantial body corporate salary of $113,861, reviewed annually by CPI, enhancing operational simplicity and remuneration.
8. Flexible management structure with option for a nominee to live onsite, offering operational adaptability for incoming owners.
9. Comprehensive onsite amenities including pool, spa, sauna, gym, BBQ area, pay TV and Wi‑Fi, enhancing guest appeal and competitive positioning.
10. Large complex scale with 74 apartments, diverse owner‑occupy and outside agent mix, providing a stable asset base and diversified income streams.
Management Rights Multiplier: 5.46
ROI Estimate: 18.31%
