Key Investment Insights
AI generated. Confirm details with the seller.
1. Absolute beachfront location in Tugun, direct beach access with no roads to cross, high lifestyle and guest appeal.
2. Price structure: $2.78M management rights and $1.1M managers unit, total $3.88M, supporting transparent valuation.
3. Strong net profit of $565,000, delivering a favourable income-to-price ratio versus purchase price.
4. Manager remuneration and body corporate salary totalling $115,928, indicating clear owner/manager cash flows.
5. Immaculately presented onsite managers apartment, 3 bedrooms and 2 bathrooms, with views, privacy and one car space.
6. Established letting pool of 43 of 74 units, with 26 owner occupied and only 3 outside agent units, supporting high internal control of bookings.
7. Long management agreement of 25 years with 21 years remaining, providing tenure security and predictable contract income.
8. Strong repeat holiday clientele and well maintained facilities, underpinned by a supportive body corporate, enhancing occupancy stability.
9. Clear growth avenues via marketing, dynamic rate management and hands-on owner involvement, plus potential for remote ownership if current onsite team remains.
10. Scarcity value in the Southern Gold Coast corridor, close to airport, public transport, local attractions, cafes and bars, supporting both investment and resale upside.