Key Investment Insights
AI generated. Confirm details with the seller.
1. Outstanding financial performance, net profit $191,709 and remuneration/body corp salary $87,117, delivering an ROI of over 15%.
2. Manager's residential package included, three-bedroom two-bathroom unit valued at $680,000 with two car spaces, supporting live-in management and lifestyle appeal.
3. Long-term contractual security, 25-year agreement with 24 years remaining and a recently approved top-up, providing stable income streams for new owners.
4. Office on title, enhancing operational control and asset security for the management rights business.
5. Distinctive guest amenity draw, Hervey Bay’s only swim-up bar, increasing competitive differentiation and occupancy appeal.
6. Strong resort facilities, including a tennis court, heated magnesium pool and games room, supporting diverse guest experiences and ancillary revenue potential.
7. Resort scale and letting mix, 48 total units with 17 in the letting pool and 30 owner-occupy units, indicating rental supply dynamics and management workload.
8. Security infrastructure in place, comprehensive CCTV across the complex, supporting safety and risk management for guests and owners.
9. Prime coastal location, just 450 metres to the sandy beach, enabling easy guest access to beachfront activities.
10. Tourism and amenity proximity, minutes from botanical gardens, Arkarra Gardens Café Restaurant and the historic Urangan Pier, enhancing guest attraction and walkability.
11. Regional demand driver, Hervey Bay’s status as a leading whale-watching destination, supporting seasonal and year-round visitor demand.
12. Flexible operations, advertised flexible business hours combined with an on-title office, facilitating lifestyle-focused owner-operator models.
Management Rights Multiplier: 2.97
ROI Estimate: 15.34%
