Key Investment Insights
AI generated. Confirm details with the seller.
1. Net operating profit of $326,547, with a total package price of $2.195 million and stated 14.88% ROI.
2. Body corporate remuneration of $77,758 plus GST provides an additional recurring income component.
3. Accommodation Module agreements have 22 years remaining, supporting long term operational security.
4. Bribie Island offers coastal lifestyle appeal, beaches, cafés and proximity to Brisbane, approximately one hour away.
5. The complex benefits from steady occupancy across holiday and golf guest markets.
6. Renovated three bedroom, two bathroom manager’s residence includes a modern stone benchtop kitchen and renovated ensuite.
7. Private courtyard with built in kitchen, abundant natural light and ample storage enhance the manager’s residence.
8. The resort style complex is described as immaculately presented and includes 50 total units.
9. An established letting pool of 18 units provides the operating base, alongside 29 owner occupied units.
10. The business includes one manager’s residence car space and a low maintenance ground floor layout.
Management Rights Multiplier: 4.27
ROI Estimate: 14.88%