Key Investment Insights
AI generated. Confirm details with the seller.
1. Established beachfront holiday management rights business with reported net income of $277,354.
2. Direct beach access and uninterrupted north facing ocean views from every complex unit strengthen the holiday appeal.
3. Tugun offers a relaxed Southern Gold Coast location close to the airport, transport routes, beaches, cafés and natural surrounds.
4. Managers receive a $107,666 body corporate salary, reviewed annually in line with CPI.
5. No set office hours provide operational flexibility for incoming managers.
6. Renovated two bedroom, two bathroom ground floor manager’s unit includes a private yard and one car space.
7. The business includes a 20 year accommodation agreement with 16 years remaining.
8. The complex offers a pool, spa, BBQ area, WiFi and pets permitted, while the letting pool has potential to increase.
Management Rights Multiplier: 4.33
ROI Estimate: 11.56%